The management of WCorporation is considering a project that would require an investment of $2 18,000 and would last for 6 years. The annual net operating income from the project would be $106,000, which includes depreciation of $31,000. The scrap value of the project's assets at the end of the project would be $26,000. The cash inows occur evenly throughout the year. The payback period of the project is closest to (Ignore income taxes]: (Round your answer to 1 decimal place.) 2- A company with $660,000 in operating assets is considering the purchase of a machine that costs $76,000 and which is expected to reduce operating costs by $22,000 each year. These reductions in cost occur evenly throughout the year. The payback period for this machine in years is closest to [Ignore income taxes}: 3- Moates Corporation has provided the following data concerning an investment project that it is considering: Initial investment $380,000 Annual cash ow $ 133,000 per year Expected life of the project 4 years Discount rate 13% 4- A project requires an initial investment of $65,000 and has a project protability index of 0.334. The present value of the future cash inows from this investment is: 5- The management of R0 Corporation is investigating automating a process. Old equipment, with a current salvage value of $21,000, would be replaced by a new machine. The new machine would be purchased for $462,000 and would have a 6-year useful life and no salvage value. By automating the process, the company would save $159,000 per year in cash operating costs. The simple rate of return on the investment is closest to [Ignore income taxes): 6- The BRS Corporation makes collections on sales according to the following schedule: 25% in month of sale 70% in month following sale 5% in second month following sale The following sales have been budgeted: Sales April $ 120,000 May $ 140,000 lune $ 130,000 Budget cash collection