Please help with this question. Please show work :). Thankyou

Santana Rey is considering the purchase of equipment for Business Solutions that would allow the company to add a new product to its computer furniture line. The equipment is expected to cost $300,000 and to have a six-year life and no salvage value. It will be depreciated on a straight-line basis. Business Solutions expects to sell 100 units of the equipment's product each year. The expected annual income related to this equipment is as follows: Required: Compute the 1} Payback Period 2} Accounting Rate of Return for this equipment. Report ARR in percentage. round to one decimal. Please format your work in Excel or PDF and upload. Your work must be shown