Read the requirements. Requirements b. Payback period. (Round your answ 1. Calculate (a) net present value, (b) payback period, (c) discounted payback period, and (d) internal rate of return. The payback period in years is 2. Compare and contrast the capital budgeting methods in requirement 1. c. Discounted payback period. (Round The discount payback period in years d. Internal rate of return. (Round the re The internal rate of return (IRR) is Requirement 2. Compare and contrast the capital budgeting methods in requirement 1. Select the characteristics that describe each budgeting method. (If an input field is not used, leave the input field empty; do not select a label.) Net present value: Captain Inc. is considering the purchase of new equipment that will automate production and thus reduce labor costs. Captain 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. Data table Requirement 1. Calculate (a) net present value, (b a. Net present value. (Round intermediary calculati present value. Enter the net present value of the in The net present value is b. Payback period. (Round your answer to two dec The payback period in years is c. Discounted payback period. (Round interim calc for tax purposes. Assume all cash flows occur at year-end except for initial investment amounts. The discount payback period in years is d. Internal rate of return. (Round the rate to two de