Drake Corporation is reviewing an irvestment proposat. The initial cost is $103,400. Estimutes of the book value of the irmectment at the end of each year, the net cich fows for cach year, and the net income for esch year sre presented in the schedule below. All cash its book value. There would be no salvage value at the end of the investments life. Drake Corporation uses an 11 \& tarset rate of return for new imwestment proposals. Cict here to vicw the fsctor table (a) What is the cash pryback period for this proposal? (Round answer to 2 decimal places, es. 10.50.) Cashpaybuckperiod years What is the annual rate of return for the investment? (Round anwer to 2 decimal ploces, e.g. 10.50K ) Manual rate of return for the imestment x (c) Whit is the net present value of the irvestment? af the net present value is negotive, use either a negative sign precediny the number es. 45 or porentheses es (45). Round aniwer to o decimal places, es. 125. For calculation purposes, use 5 decimal places as disploved in the factor tobie provided!)