Drummond Company operates a chain of hardware stores. The company is considering two possible expansion plans. Plan A would involve opening ten smaller stores at a cost of $8,630,000. Expected annual net cash inflows are $1,550,000 over nine years, with zero residual value at the end of nine years. Under Plan B, Drummond would open four larger stores at a cost of $8,220,000. This plan is expected to generate net cash inflows of $1,050,000 per year for nine years, the estimated life of the properties. Estimated residual value for Plan B is $1,075,000. Drummond uses straight-line depreciation and requires an annual rate of return of 6%. Answer the following question. Each question is worth 1 point. a. Compute payback period for Plan A: b. Compute payback period for Plan B: Compute accounting rate of return (Calculate with three decimal places; for example, enter 11.8% as 0.118): a. Compute accounting rate of return for Plan A: b. Compute accounting rate of return for Plan B: For questions 3 and 4, enter as a positive if positive NP and negative if negative NPV. Compute net present value for Plan A (round answer to the nearest dollar): Compute net present value for Plan B (round answer to the nearest dollar): What is the Internal Rate of Return (IRR) for Plan A? Enter as a % not decimal; e.g., 8.12 not .0812