Required information [The following information applies to the questions displayed below.] Project A requires a $425,000 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 $29,700 per year for the next five years. Compute Project A's payback period. Payback Period T Choose Denominator: Choose Numerator: = Payback Period Payback period Requieu muilium [The following information applies to the questions displayed below.] Project A requires a $425,000 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 $29,700 per year for the next five years. mpute Project A's accounting rate of return. Accounting Rate of Return Choose Denominator: Choose Numerator: T = Accounting Rate of Return = | Accounting rate of return