Payback Period and Accounting Rate of Return: Equal Annual Operating Cash Flows without Disinvestment Juliana is considering an investment proposal with the following cash flows:

Initial investment-depreciable assets	$35,000
Net cash inflows from operations (per year for 10 years)	5,000
Disinvestment	0

For parts b. and c., round answers to three decimal places, if applicable.

a. Determine the payback period.

____ years

b. Determine the accounting rate of return on initial investment.

c. Determine the accounting rate of return on average investment.