Joanetle, inc, is consibering the puechase of a machine that would cost $350.000 and would last for 8 years, at the end of which, the machine would have a satwage value of $90,000. The machine would generate annual net cahh inflows of $70,000. The company requides a minimum seturn of 9 Th on all ienestrent projocts Required: 1. Dotermine the payback poriod. 2. Delermine the nat presers vaiue of the projoct 3. Is the evamal rate of outum groiber or less than the