Help please?

8.)

A given project requires a $48,000 investment and is expected to generate end-of-period annual cash inflows as follows:

Year 1	Year 2	Year 3
$22,000	$23,000	$22,000

Assuming a discount rate of 10%, what is the net present value of this investment? Selected present value factors for a single sum are shown in the table below:

i = 10%	i = 10%	i = 10%
n = 1	n = 2	n = 3
0.9091	0.8264	0.7513

$55,537

$7,537

$0

($36,063)

($19,008)

9.)

The following data concerns a proposed equipment purchase:

Cost	$180,000
Salvage value	$4,000
Estimated useful life	4 years
Annual net cash flows	$56,300
Depreciation method	Straight-line

Assuming that net cash flows are received evenly throughout the year, the accounting rate of return is:

13.37%

31.28%

4.89%

6.68%

63.98%

10.)

A company is planning to purchase a machine that will cost $84,000, have a six-year life, and be depreciated using the straight-line method with no salvage value. The company expects to sell the machine's output of 3,000 units evenly throughout each year. A projected income statement for each year of the asset's life appears below.

Sales		$150,000
Costs:
Manufacturing	$67,000
Depreciation on machine	14,000
Selling and administrative expenses	45,000	(126,000)
Income before taxes		$ 24,000
Income tax (50%)		( 12,000)
Net income		$ 12,000

What is the payback period for this machine?

7.00 years

14.00 years

1.00 year

3.50 years

3.23 years

Thank you!