Payback, Acoounting Rate of Returm, Present Value, Net Present Value, Internal Rate of Return For discount factors use Exxhibit 128.1 and Exxhibit 12B.2. All scenarias are independent of all other scenarios. Assume that all cash flows are after tax cash flows. a. Kambry Day is considering investing in one of the following two projects. Either project will require an investment of $20,000. The expected cash flows for the two projects follow. Assume that each project is depreciable. Project A 6,000 8,000 0,000 0,000 a,000 ProjectB 6,000 8,000 10,000 3,000 b. Wilma Golding is retiring and has the option to take her retirement as lump sum of $450,000 or to recerve SIO,000 per year for 20 years, Wilma's required rate of return is 6%. c David Booth is interested in investing in some tools and equipment so that he can do independent drywalling. The cost of the tools and equipment is $30,000. He estimates that the returm from owning his own equipment will be $9,000 per year. The tools and equipment will last 6 d. Patsy Folson is evaluating what appears to be an attractive opportunity, She is currently the owner of a small manufacturing company and has the opportunity to acquire another small company's equipment that would provide production of a part currently purchased extemally, she estimates that the savings from internal production will be $75,000 per year. She es mates that tne equipment will last 10 years. The owners asking $400,000 or the equpment. Her company's cost cf captal is 8% Required: 1. Conceptual Connection: What is the payback period for each of Kambry Day's projects? Round your answers to two decimal places. Project A Project B If rapd payback is important, which project should be choeen? Project AV 2. Conceptual Connection: which of Kambry's projects should be chosen based on the ARR? If required, round to the nearest percent Accounting rate of return (ARR): Project A: ARR Project B: ARR Project A