Assignment Gradebook ORION Downloadable eTextbook sent FULL SCREEN PRINTER VERSION 4 RACK NEXT Problem 13.29A a-d (Part Level Submission) Magenta Inc. is considering modernizing its production facility by investing in new equipment and selling the old equipment. The following information has been collected on this investment: Old Equipment New Equipment Cost $81,600 Cost $38,800 Accumulated depreciation $41,000 Estimated useful life 8 years Remaining life 8 years Salvage value in 8 years $4,800 Current salvage value $10,130 Annual cash operating costs $30,000 Salvage value in 8 years $0 Annual cash operating costs $36,000 Depreciation is $10,200 per year for the old equipment. The straight-line depreciation method would be used for the new equipment over an eight-year period with salvage value of $4,800. (a) Your answer is correct. Determine the cash payback period. (Ignore income taxes.) (Round answer to 3 decimal places, e.g. 15.275.) Cash payback period 4.778 years LINK TO TEXT LINK TO TEXT FULL SCREEN PILINTER VERSION BACK NES By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Attempts: 3 of 3 used (c) Calculate the net present value assuming a 15% rate of return. (Ignore Income taxes.) (If the net present value is negative, use either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). For calculation purposes, use 5 decimal places as displayed in the factor table provided, .. 1.25124 and final answer to O decimal places, e.g. 5,275.) Click here to view py_table Net present value By accessing this Question Assistance, you will learn while you earn points based on the Point Potential policy set by your instructor Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER (d) # o $ 0 BI earch ENG 9:38 AM 2000-07-26 hp