John's Autobody is looking at making an investment of $677,000 in new machinery. They expect to generate the following Earnings Before Amortization and Taxes as well as the following positive, after-tax cash flows: Year Earnings before amortization & taxes 1 $ 158,000 2 225,000 3 237,000 4 274,000 5 192,000 6 218,000 [1] Cash flows (after tax) $ 139,933 180,133 187,333 209,533 160,333 175,933 A. Compute the Average Accounting Return assuming: . . the asset will be fully depreciated over the six-year time period, using straight-line depreciation, and John's Autobody has a 40 percent tax rate. (Round your answer to two decimal places (e.g. 12.34%)) . B. Compute: I the payback period in years, and the internal rate of return for the project (Round your answer to two decimal places) C. Compute: net present value of the project if WACC is 12 percent. D. Should the project be undertaken and why