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Vilas Company is considering a capital investment of $190,800 in additional productive facilities. The new machinery is expected to have a useful life of 5

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Vilas Company is considering a capital investment of $190,800 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 $17,100 and $49,400, respectively, Vilas has a 12% cost of capital rate, which is the required rate of return on the investment Click here to view PV table Compute the cash payback period. (Round onswer to 2 decimal places, eg. 10.50.) Cash payback perlod 3.86 years Compute the annual rate of return on the proposed capital expenditure. (Round answer to 2 decimal places, eg. 10.50) Annual rate of return 18.14 | % using the discounted cash flow technique, compute the net present value.the net present value is negative, use either a negative sign preceding the number eg. -45 or parentheses eg (451. Round answer for present value to O decimal places, eg. 125. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Net present value (12,725.35)

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