YS Company is considering a capital investment of $165,000 in new equipment. The equipment is expected to have a useful life of 10 years with no salvage value. Depreciation is computed by the straight-line method. During the life of the investment, annual net income is expected to be $9,000. YS requires either a 10% cost of capital "hurdle" rate, or a payback period of 7 years. Present Value of an Annuity of 1: Instructions Compute the (a) cash payback period, (b) net present value, (c) internal rate of return (to the nearest percent), and (d) annual rate of return. Show all computations. State whether the project should be accepted or rejected for each of the four capital budgeting techniques