sorry ignore the first picture the actual problem is

A machine can be purchased for $220,000 and used for five years, yielding the following net incomes. In projecting net incomes, straight-line depreciation is applied using a five-year life and a zero salvage value. Year 1 Year 2 Year 3 Year 4 Year 5 Net income $14,900 $36,900 $99,000 $55,700 $147,600 Compute the machine's payback period (ignore taxes). (Round your intermediate calculations to 3 decimal places and round payback period answer to 3 decimal places.) Year Nat Income Depreciation Net Cash Cumulative Cash Flow Flow $ (220,000) $ (220,000) 0 $ 1 2 3 14.900 36,900 99,000 55,700 147,600 4 5 0 0 Payback period B2B Co. is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment is expected to cost $312,000 with a 12-year life and no salvage value. It will be depreciated on a straight-line basis. The company expects to sell 124,800 units of the equipment's product each year. The expected annual income related to this equipment follows. $ 195,000 Sales Costs Materials, labor, and overhead (except depreciation on new equipment) Depreciation on new equipment Selling and administrative expenses Total costs and expenses Pretax income Income taxes (484) Net income 104,000 26,000 19,500 149,500 45,500 18,208 $ 27,300 1. Compute the payback period. 2. Compute the accounting rate of return for this equipment. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the payback period. Choose Numerator: Payback Period | Choose Denominator: Payback Period = Payback period 0 Required 2 > 1. Compute the payback period. 2. Compute the accounting rate of return for this equipment. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the accounting rate of return for this equipment. Accounting Rate of Return Choose Denominator: Choose Numerator: 1 / Accounting Rate of Return Accounting rate of retum 0 Required 1 Regula2