Help Save & Exit Submit Homer Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in net income after tax of $162,000. The equipment will have an initial cost of $540,000 and have a 5-year life. If the salvage value of the equipment is estimated to be $64,000, what is the annual net cash flow? Multiple Choice 29:12 $98,000 $66,800 O $257,200 $226,000 MacBorChapter 11 (5/4 - 5/11) i Saved Help Save & Exit Subm Belmont Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in net income after tax of $280,000. The equipment will have an initial cost of $1,000,000 and have an 8 year life. If there is no salvage value of the equipment, what is the accounting rate of return? Multiple Choice 29:24 20.5% 28.0% O 56.0% 23.0% MacBook Ail