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Sunland Inc. is considering purchasing a machine that costs $209000 and is estimated to have no salvage value at the end of its 4-year useful

image text in transcribedimage text in transcribed Sunland Inc. is considering purchasing a machine that costs $209000 and is estimated to have no salvage value at the end of its 4-year useful life. The straight-line method of depreciation is to be used. Projected annual cash inflows and outflows are as follows: The cash payback period is 2.59 years. 3.20 years. 2.25 years. 3.00 years. Metlock is contemplating a capital project costing $36076. The project will provide annual cost savings of $13600 for 3 years and have a salvage value of $3000. The company's required rate of return is 10%. The company uses straight-line depreciation. This project is unacceptable because it has a negative NPV. acceptable because it has a positive NPV. unacceptable because it earns a rate less than 10%. acceptable because it has a zero NPV

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