Required information [The following information applies to the questions displayed below) Project Arequires a $340,000 initial investment for new machinery with a five-year life and a salvage value of $41,500 The company uses straight-line depreciation. Project A is expected to yield annual net income of $28,300 per year for the next five years Compute Project A's payback period. Choose Numerator Cost of investment $ 340.000 Payback Period Choose Denominator: 1 Annual net cash flow -Payback Period Payback period - 0 Required Information (The following information applies to the questions displayed below) Project A requires a $340,000 initial investment for new machinery with a five-year life and a salvage value of $41,500 The company uses straight-line depreciation Project A is expected to yield annual net income of $28,300 per year for the next five years. Compute Project A's accounting rate of return Accounting Rate of Return Choose Denominator: Choose Numerator Accounting Rate of Return Accounting rate of return