Sato Company is considering an investment in equipment that is capable of producing more efficiently than the current technology. The outlay required is $2,366,667. The equipment is expected to last five years and will have no salvage value. The expected cash flems associated with the project are as follows: The present value tabies provided in Exhitht 198,1 and Exhibit 198.2 must be used to solve the following problems. Required: 1. Compute the project's payback period. If required, round your answer to two decimal places. years 2. Compute the profects accounting rate of return. Enter your answer as a whole persentege value (for exampie, 16% sheuld be entered as " 16 " in the answer box). w 3. Compute the project's net present value, assuming a requited fate of retum of 10 percest. When required, round your answer to the nearest dollar. 1 4. Compute the project's internal rate of retuin. Enter your answers as whole percentage values. Between % and wis