please help finding required C-E !

Grove Corporation is considering the purchase of a new plece of equipment. The cost savings from the equipment would result in an annual increase in net income of $200,900. The equipment will have an initial cost of $1,200,900 and an 8.yrar useful life. The salvoge value of the equipment is estimated to be $200,900 Grove's cost of capital is 10%. Future Value of \$1, Present Value of $1. Future Value Annuity of \$1. Present Value Annuity of \$1) Note: Use appropriate factor from the PV tables. Required: a. What is the accounting rate of teturn? b. What is the paybock period? c. What is the net present value? d. What would the net present value be with a 13% cost of capital? e. Based on the NPV caiculations, what would be the equipment's internal tate of return? Complete this question by entering your answers in the tabs below. What is the net present value? Note: Do not round intermediate calculations and round your final answer to the nearest dollar amount