If a company purchased a new piece of equipment that costs $212,000 and can expect an annual net cash flow of $31,000, then the payback period would be 8.2 years True False A tractor manufacturer is considering an investment in a new alignment machine. The initial investment will cost $176,000. Incremental revenues, including cost savings, are $82,000, and incremental expenses, including depreciation, are $63,000. The accounting rate of return is. 11 or 11% (rounded). True False If a company purchases a new piece of equipment that reduces production costs from $212,000 a year to $179.000 a year, then the net annual cash flow would be $33,000 True False