Required information [The following information applies to the questions displayed below) Project A requires a $435,000 initial investment for new machinery with a five-year life and a salvage value of $44,500. The company uses straight-line depreciation Project A is expected to yield annual net income of $25,000 per year for the next five years. Compute Project A's payback period. Answer is complete but not entirely correct. Choose Numerator: Cost of investment Payback Period Choose Denominator: 11 Annual net cash flow $ 95,900 Payback Period Payback period 1.00 years 95,900 Compute Project A's accounting rate of return. Choose Numerator: Accounting Rate of Return Choose Denominator: Accounting Rate of Return Accounting rate of return