Question: Please answer with calculations. Hardware Corp. is planning to buy production machinery. This machinery's expected useful life is 5 years, with a $10,000 salvage value.
Please answer with calculations.

Hardware Corp. is planning to buy production machinery. This machinery's expected useful life is 5 years, with a $10,000 salvage value. They require a minimum rate of return of 12%, and have calculated the following data pertaining to the purchase and operation of this machinery: Estimated Estimated annual annual Year cash inflows cash outflows Depreciation $ 60,000 $ 10,000 $30,000 80,000 20,000 $30,000 95,000 25,000 $30,000 115,000 35,000 $30,000 140,000 50,000 $30,000 Determine the Payback Period, Accounting Rate of Return, & NPV of this investment (ignoring taxes)? (2.5 points)
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