Use the following information for the Quick Study below The folowing information applies to the questions displayed below a $395,000 initial investment for new machinery with a five-year life and a salvage value of $36,500. The A is expected to yield annual net income of $27,900 per year for the next company uses straight-line depreciation. Project ive years References Section Break Use the following Information for the Quick Study below. Award: 18.18 points QS 24-5 Payback period LO P1 Compute Project A's payback period. Choose Denominator: Payback Period Payback period Choose Numerator: Hints Use the following information for the Quick Study below. The folowing information applies to the questions displayed below Project A requires a $395,000 initial investment for new machinery with a five-year life and a salvage value of $36.500. The company uses straight-line depreciation. Project A is expected to yield annual net income of $27.900 per year for the next five years. References Section BreakUse the following information for the Quick Study below 5. Award: 18.18 points QS 24-6 Accounting rate of return LO P2 Compute Project A's accounting rate of return. Accounting Rate of Return Choose Numerator:Choose Denominator:Accounting Rate of Return Accounting rate of return Use the following information for the Quick Study below. The following information applies to the questions displayed below Peng Company is considering an investment expected to generate an average net income after taxes of $2,500 for three years. The investment costs $55,200 and has an estimated $11,400 salvage value. References Section Break Use the following Information for the Quick Study below. Award: 18.18 points QS 24-7 Computation of accounting rate of return LO P2 Compute the accounting rate of return for this investment; assume the company uses straight-line depreciation Accounting Rate of Return Choose Numerator: Choose Denominator:Accounting Rate of Return Accounting rate of return Use the following information for the Quick Study below. The following information applies to the questions displayed below Peng Company is considering an investment expected to generate an average net income after taxes of $2,500 for three years. The investment costs $55.200 and has an estimated $11,400 salvage value References Section Break Use the fallowing information for the Quick Study below Award: 18.18 points QS 24-8 Net present value LO P3 Assume Peng requires a 15% return on its investments. Compute the net present value of this investment Assume the y uses straight-line depreciation. (PV ot$1., FV of S1. PVA ot $1, and EVA of $1) (Use appropriate factorls) fro the tables provided. Negative amounts should be indicated by a minus sign.) Solect Chart Amount x PV FactorPresent Value Cash Flow Annual cash flow Residual value Net present value