Required information [The following information applies to the questions displayed below.) Park Co. is considering an investment that requires immediate payment of $29,470 and provides expected cash inflows of $8,700 annually for four years. Park Co. requires a 6% return on its investments 1-a. What is the internal rate of return? (PV of $1. FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) Present value factor Internal rate of return 1-b. Based on its internal rate of return, should Park Co. make the investment? Yes Required information (The following information applies to the questions displayed below) Project A requires a $430,000 initial investment for new machinery with a five-year life and a salvage value of $43,500. The company uses straight-line depreciation Project A is expected to yield annual net income of $27,500 per year for the next five years. Compute Project A's payback period. Payback Period Choose Denominator: Choose Numerator: Payback Period Payback period Required information (The following information applies to the questions displayed below.) Project A requires a $430,000 initial investment for new machinery with a five-year life and a salvage value of $43,500. The company uses straight-line depreciation Project A is expected to yield annual net income of $27,500 per year for the next five years. Compute Project A's accounting rate of return Accounting Rate of Return Choose Denominator: Choose Numerator: 1 - Accounting Rate of Return - Accounting rate of return