Lindas Luxury Travel (LLT) is considering the purchase of two Hummer limousines. Various information about the proposed investment follows:

Initial investment (2 limos)	$	1,140,000
Useful life		10	years
Salvage value	$	130,000
Annual net income generated	$	101,460
LLTs cost of capital		14	%

Assume straight line depreciation method is used.

Required:

Help LLT evaluate this project by calculating each of the following:

1. Accounting rate of return.

2. Payback period.

3. Net present value.

4. Without making any calculations, determine whether the IRR is more or less than 14%.

I know how to do everything except for the empty table factor that is highlighted

Table or Calculator Function: Cash Outflow (Beginning of the Year) Present Value of $1 $ (1,140,000) 0 n = i = 14% Present Value $ (1,140,000) Table or Calculator Function: Cash Inflow (for Next 10 Years) Present Value Annuity of $1 $ 202,460 n = 10 II 14% Table Factor Present Value $ 1,056,072| Table or Calculator Function: Cash Inflow (for 10th Year) Present Value of $1 $ n = = 130,000 10 14 % 0.2697 35,061 Table Factor Present Value $ Total Net Present Value 48,867