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it's all one answer please help solve a, b, and and c. Question 3 of 4 View Policies Current Attempt in Progress Drake Corporation is

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it's all one answer please help solve a, b, and and c.

Question 3 of 4 View Policies Current Attempt in Progress Drake Corporation is reviewing an investment proposal. The initial cost and estimates of the book value of the investment at the end of each year, the net cash flows for each year, and the net income for each year are presented in the schedule below. All cash flows are assumed to take place at the end of the year. The salvage value of the investment at the end of each year is equal to its book value. There would be no salvage value at the end of the investment's life. Year Annual Net Income UNHO Investment Proposal Initial Cost Annual and Book Cash Flows Value $104,000 70.900 546,000 42,500 40.600 20.400 35.900 8,600 30.100 0 25,000 $12.900 12.200 13,800 18,300 16.400 Drake Corporation uses an 11% target rate ofreturn for new investment proposals Click here to view PV tabic (a) Question 3 of 4 2/1 Cick here to view a) What is the cash payback period for this proposal Round near to decimal places 45 10:30) Cashback period What is the annual rate of return for the investment and to decimal places, 25 10:30 Annual rate of return for the investment ia What is the net present value of the investment or the net presentative her a neutive sin preceding the numbers -45 perentheses (451. Round answer to decimal places. 125. Ror calculation purposes se 5 decimal places as displayed in the factartable provided) Net present value 5 eTextbook and Media Assistance Used 5 Attempts of 5 used TABLE 3 Present Value of 1 Perla SP W 1 16 11 PEZSG EOLOG 6000 STE PESE 61 USL 2 3 2593 8574 79383 7150 196154 92456 38900 5450 82193 70031 75992 73060 70250 6134 82270 7353 74122 ODO B1162 .73119 65873 59345 SM 75614 45752 57173 471 5 7.17 61552 56743 so PONY 7 9345 87344 11630 76290 71200 64 62775 38201 54393 SORIS 47504 44401 6 7 WIR SETSY PYES 37594 130 91743 8414 77213 70143 6903 39627 54703 B017 46043 42341 753 15554 12616 19923 OST 12197 676 9040 2000 8892 79200 74726 70496 16305 .62741 59190 55430 52670 49607 468 44230 41721 19365 -37146 1504 33051 F1B0 9 10 11 13 13 14 15 WS 67654 64461 61101 56468 55684 53031 50507 48102 43311 43650 41552 10572 TA 2017 S449 54027 50025 46110 41 37711 36770 4040 31534 -19110 27027 25025 21171 .75132 6101 62093 56447 SIA 16831 42410 38554 35049 318) 28956 26333 23930 21743 IVT 17986 115) 14719 2144 1861 38782 6340 60057 57748 55526 33191 31337 49363 47464 4560 43393 39092 35215 31723 2854 19751 11199 20000 .18829 T3 1522 13765 12403 22017 20463 14133 1229 17 18 19 33573 31657 1956 37615 19542 35117 13107 11190 16312 14564 12004 LATI 10367 1929) OSOS! 07027 110 1713 TABLE4 Present Value of an Annuity of 1 Desen vanillo be received priodically for a given number of payments. It assume that each payment is made at the Payment NIT 551 3 + S 358134 7 8 0 TU 11 143513 76 10 06154 93238 440 92993 NIT SOS 1.8600 LA 1.83339 1.10021726 175011 1.73554 171252 253 2.77500 2.72323 2.67301 262432357710 233130 2.48685 244371 2018 LES 362090 1.44999 346511 13.721 331213 129972 3.19 1.10045 304735 ASV 4.43132 4.1 42126 4.100202 10.5 1.77 3.95 1.107 Em 5.24214 491713 4.76654442 4.48592 4.15526 471054 411141 1745 +06205 5.763 1029320637 501295 4.711204567411043 673274 46321 2007 5.7105666 55182 3.13401 5.14617 40754 4472 7.10 0169 6.51523 505257923 9370 33733 mis 11000 7. 7.02358 6710024176614457 88022 $30 LOTTO 4 MI 755687 7.49567 7.13896 19 40 550 5.11 938507 1.125 3184 7. 7.5 T1407) ARAW 1474 9956 9.19337 8.39765 7480407104T07 448 3113 105612 23 3.7 736 ORAS 10.376 0.71223 10701 519 7.1997 10 ST 1165230 10.83771 10.10590 0.446 T11254 TU 2.791 00 12.16517 11270T 10 47736 9.76322 W214 346) 02155 75470 713 60411 12.6593011010 2760 100209.37180.75563.2041 77012 7.30 -12797 T4 12.05111115812 11500 OND 9901264497783919 7 343162 1356013 12:16221116993 10.500 0128553157961317425911 172173 13 PS LEO 7037 MET 15 11 17 EL 79

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