Pecan Inc. is considering the purchase of new equipment that will automate production and thus reduce labor costs. Pecan made the following estimates related to the new machinery: (Click the icon to view the information.) Present Value of $1 table Present Value of Annuity of $1 table Future Value of $1 table Future Value of Annuity of $1 table Read the requirements. Requirement 1. Calculate (a) net present value, (b) payback period, (c) discounted payback period, and (d) internal rate of return. whole dollar.) The net present value is b. Payback period. (Round your answer to two decimal places.) The payback period in years is Requirements c. Discounted payback period. (Round interim calculations to the nearest wh The discount payback period in years is 1. Calculate (a) net present value, (b) payback period, (c) discounted payback period, and (d) internal rate of return. d. Internal rate of return. (Round the rate to two decimal places, X.XX\%.) 2. Compare and contrast the capital budgeting methods in requirement 1. The internal rate of return (IRR) is %. Assume depreciation is calculated on a straight-line basis for tax purposes. Assume all cash flows occur at year-end except for initial investment amounts