Pistons Corp. is considering the purchase of a new plece of equipment. The cost savings from the equipment would result in an annual Increase in net income of $200,000. The equipment will have an initial cost of $1.200,000 and have an 8 year life. The salvage value of the equipment is estimated to be $200,000. Pistons hurdle rote cost of capital is 10%. Ignore income taxes, future Value 1 Present Voice of $1. Euture Value Annuity of $1. Present Value Annuity of 51) (Use appropriate factor from the PV tables) a. What is the accounting rate of return? (Round your answer to 2 decimal places) Rate of them b. What is the payback period (Round your answer to one decimal place.) Payta Pero Years c. What is the net present value? (Do not round intermediate calculations and round your final answer to the nearest dollar amount.) Net Print Value d. What would the net present value be with a 15% hurdie rate? (Do not round intermediate calculations and round your final answer to the nearest dollar amount.) Presente e. Based on the NPV calculations, what would be the equipment's internal rate of return? (Round your answer to 2 decimal places)