Requesting for the net present value?

Sheridan Inc. is considering modernizing its production facility by investing in new equipment and selling the old equipment. The following information has been collected on this investment: Depreciation is $10,000 per year for the old equipment. The straight-line depreciation method would be used for the new equipment over an eight-year period with salvage value of $4,400. (a) Your answer is correct. Determine the cash payback period. (Ignore income taxes.) (Round answer to 3 decimal ploces, eg. 15.275.) Calculate the annual rate of return. (Round answer to 2 decimal places, e. 15.25\%) Annual rate of return % eTextbook and Medla Solution Asslstance Used Annual rate of raturn $1,6751[($39,000+$4,400]2]7.72% A lncramantal annual nat income =$6,000[($39,000$4,400]8yrs] Attempts: 3 of 3 used (c) Your answer is incorrect. Calculata the net present value assuming a 15% rata of return. (lgnore income taves.) (if the net present walue is negative, use either a negative sign preceding the number eg. -45 or parentheses eg. (45). For calculation purposes, use 5 decimal places as displayed in the factor table provided, eg. 1.25124 and final answer to 0 decimal places, e.g 5.275.) Click here to viaw the factor table. Net presentvalue $ eTextbook and Medis Sheridan Inc. is considering modernizing its production facility by investing in new equipment and selling the old equipment. The following information has been collected on this investment: Depreciation is $10,000 per year for the old equipment. The straight-line depreciation method would be used for the new equipment over an eight-year period with salvage value of $4,400. (a) Your answer is correct. Determine the cash payback period. (Ignore income taxes.) (Round answer to 3 decimal ploces, eg. 15.275.) Calculate the annual rate of return. (Round answer to 2 decimal places, e. 15.25\%) Annual rate of return % eTextbook and Medla Solution Asslstance Used Annual rate of raturn $1,6751[($39,000+$4,400]2]7.72% A lncramantal annual nat income =$6,000[($39,000$4,400]8yrs] Attempts: 3 of 3 used (c) Your answer is incorrect. Calculata the net present value assuming a 15% rata of return. (lgnore income taves.) (if the net present walue is negative, use either a negative sign preceding the number eg. -45 or parentheses eg. (45). For calculation purposes, use 5 decimal places as displayed in the factor table provided, eg. 1.25124 and final answer to 0 decimal places, e.g 5.275.) Click here to viaw the factor table. Net presentvalue $ eTextbook and Medis