Question 8 Company is considering a project that would have an eight-year life and would require a $1,530,000 investment in equipment. At the end of eight years, the project would terminate and the equipment would have no salvage value. The project would provide net operating income each year as follows (Ignore income taxes) Sales $2,100,000 1,400,000 Variable Expenses Contribution Margin 700,000 Fixed Expenses: Fixed out of pocket expenses $360,000 Depreciation 191,250 Net Operating income 551,250 $148,750 All the above items, except for depreciation, represent the cash flows. The company's required rate of return is 11%. Required: A. Compute the projects net present value (Round your intermediate calculations and final answer to the nearest whole dollar amount.) B. Compute the projects's internal rate of return (Round your answer to the nearest whole percent) C. Compute the project's payback period. (Round your answer to 2 decimal place.) D Compute the projects simple rate of return. (Round your final answer to the nearest whole percent.)