Mouser Company is evaluating a capital expenditure proposal with the following predicted cash flows: Initial investment: $110,000 Operations: Year 1 $40,000 Year 2 30,000 Year 3 55,000 Salvage value: -0- Additional information for interest rate of 12 percent: Present value of $1 - year 1 0.893 Present value of $1 - year 2 0.797 Present value of $1 - year 3 0.712 Present value of an annuity of $1, (3 periods) 2.402 Required: Determine the following values: a. Net present value of the investment at a discount rate of 12 percent b. Payback period c. Accounting rate of return using average investmentestment at a discount rate of 12 percent