Vilas Company is considering a capital investment of $190, 200 in additional productive facilities. The new machinery is expected to have a useful life of 5 years with no salvage value. Depreciation is by the straight-line method. During the life of the investment, annual net income and net annual cash flows are expected to be $17, 400 and $49, 100, respectively. Vilas has a 12% cost of capital rate, which is the required rate of return on the investment. Compute the cash payback period. (Round answer to 2 decimal places, e.g. 10.50.) Compute the annual rate of return on the proposed capital expenditure. (Round answer to 2 decimal places, e.g. 10.50.) Using the discounted cash flow technique, compute the net present value. (If the net present value Is negative, use either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Round answer for present value to 0 decimal places, e.g. 125. For calculation purposes, use 5 decimal places as displayed in the factor table provided.)