mpany is considering buying a machine for $120,000 28. The Most Honorable Professor Mullen's Co with an estimated life of ten years and no salvage value. The straight-line method of depreciation will be used. The machine is expected to generate net accounting income of $3,000 each year. The cash payback on this investment is A) 20 years. B) 10years. C) 8 years. D) 4 years. 29. Xiao Miao company projects an increase i in accounting net income of $225,000 each year for the next five years if it invests $900,000 in new equipment. The equipment has a five-year life and an estimated salvage value of $300,000. What is the annual average accounting (AAA) rate of return on this investment? A) 25.0% B) 37.5% C) 50.0% D) 57.5% 30. Da Miao Company had an investment which cost $260,000 and had a salvage value at the end of its useful life of zero. If Da Maio's expected annual accounting net income is $15,000, the Annual Average Accounting (AAA) rate of return is A) 5.8%. B) C) D) 9.8%. 11.5%. 15%