Payback, Accounting Rate of Return, Net Present Value, Internal Rate of Return

Follow the format shown in Exhibit $12$B$.1$ and Exhibit $12$B$.2$ as you complete the requirements below.

Blaylock Company wants to buy a numerically controlled $($NC$)$ machine to be used in producing specially machined parts for manufacturers of tractors. The outlay required is

$$384,000.$ The NC equipment will last $5$ years with no expected salvage value. The expected after$-$tax cash flows associated with the project follow:

Required:

Compute the payback period for the NC equipment. Round your answer to two decimal places.

$$ years

Compute the NC equipment's ARR. Round the percentage to one decimal place. Assume straight$-$line depreciation.

$\%$

Compute the investment's NPV$,$ assuming a required rate of return of $10\%.$ Round present value calculations and your final answer to the nearest dollar.

$

Compute the investment's IRR.

Between $25\%$ and $30\%$