Please show the work

Requirements

1) Compute Accounting rate of return on original investments for each year.

2) Compute NPV (Net present Value)

Sizzy is considering an investment in equipment for R150,000. Data related to the investment are as follows: Income before Year Depreciation and Taxes 60,000 60,000 60,000 60,000 60,000 Cost of capital is 10 Bert claims capital allowances using the straight-line method of depreciation with midyear convention (ie. half a year's depreciation in the first and final year) for tax purposes. In addition, its tax rate is 40 and the depreciable life of the equipment is four years with no salvage value. The equipment is sold at the end of the fifth year