VI. Due to increased demand, the management of XYZ Company is considering to purchase a new equipment costing $37,500 to increase the production and revenues. The useful life of the equipment is 10 years and the company's maximum desired payback period is 4 years. The inflow and outflow of cash associated with the new equipment is given below: Annual cash inflows: Sales: $75,000 Annual cash Outflows: Cost of ingredients: $45,000; Salaries expenses: $13,500; Maintenance expenses: $1,500 Non-cash expenses: Depreciation expense: $5,000 Required: Should XYZ Company purchase the new equipment? Use (a) payback, and (b) accounting rate of return method for your