Indigo Inc is considering modernizing its prodoction facility by itritsting in new equpment and selling the old equipment The: following information has been collected on this investment. Depreciation is $10,140 per year for the old equipment. The stra ght ine depreciatien method would be used for the neve equipment ever an eight year period with salvage value of 54,800 . (a) Determine the cash payback period. (fenore income taxes) Dand anseer to 3 decind pilices, es. 15. 275.) Cash poyback pericd years eTextbook and Medla (b) Caiculate the annual rate of return, (Alound answer to 2 deqlind plasen 4815253 ) Annual rate of return Attempts 2 of 4 used. eTextbookand Media Attempte: of 4 used (c) The parts of this queition mint be compieted in order. This part wir te wal abie whenyou completa the part above