Given Information is in the excel spreadsheet

Name Wagner Chocolates Evaluating Capital Expenditures Due May 8th Wagner chocolates is considering purchasing a machine that will produce the chocolates. The a chocolates would still be decorated and boxed by the machine would reduce labor s65,000 requirements by about 40%, saving the company s 1,500 cash per month. The machine costs and is expected to have a useful life of 5 years with no salvage value. It will be depreciated using straight line depreciation. Wagners cost of capital is 10%. 1. What is the Payback Period? 2. What is the Annual Rate of Return? 3. What is the Net Present value of this project? what is the Internal Rate of Return? Is this project acceptable given the 10% cost of capital