View Policies Current Attempt in Progress Vilas Company is considering a capital investment of $190,900 in additional productive facilities. The new machinery is expected to have a useful life of 5 years with no salvage value. Depreciation is by the straight-line method. During the life of the investment, annual net income and net annual cash flows are expected to be $11.900 and $49.900, respectively. Vilas has a 12% cost of capital rate, which is the required rate of return on the investment Click here to view PV table (a) Compute the cash payback period (Round answer to 2 decimal places, eg, 10.50) Cash payback period years Compute the annual rate of return on the proposed capital expenditure. (Round answer to 2 decimal places es 10.50 Annual rate of return (b) Using the discounted cash flow technique, compute the net present value of the net present value is negative, use either a negative sin preceding the numberes.-45 or parentheses es. (45) . Round answer for present value to O decimal places, es 125. For calculation purposes use 5 decimal places as displayed in the factor table provided) Net present value