M11-7 Calculating Net Present Value, Predicting Internal Rate of Return [LO 11-3, 11-4] Vaughn Company has the following information about a potential capital investment: $ $ Initial investment Annual cash inflow Expected life Cost of capital 380,000 89,000 6 years 9% 1. Calculate the net present value of this project. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Round the final answer to nearest whole dollar.) Net Present Value M11-2 Calculating Accounting Rate of Return [LO 11-1] What is the accounting rate of return for a project that is estimated to yield total income of $378,000 over three years and costs $854,000? (Round your answer to 2 decimal places. (i.e. .1234 should be entered as 12.34%.)) Accounting Rate of Return