please note there are several required answers Santana Rey is considering the purchase of equipment for Business Solutions that would allow thecompany to add a new product to its computer furniture line. The equipment is expected to cost$366,240 and to have a six-year life and no salvage value. The equipment is expected to generateincome of $15,039 and net cash flow of $76,836 in each year of its six-year life. Santana requiresan 8% return on all investments. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriatefactor(s) from the tables provided.) (Negative net present values should be indicated with aminus sign. Do not round intermediate calculations. Round your present value factor to 4decimals and final answers to the nearest whole number.)Required:1-a. Compute the payback period for this equipment.1-b. Compute the net present value for this equipment.1-c. Compute internal rate of return for this equipment.2. If Santana requires investments to have payback periods of four years or less, should she investin this equipment?3. If Santana requires investments to have at least an 8% internal rate of return, should she investin this equipment?Complete this question by entering your answers in the tabs below.Req 1AReq 1BReq 1CNumerator:Compute the payback period for this equipment.Req 2 and 31Payback PeriodDenominator:< Req 1A==Payback periodReq 1B >

Payback period The payback period is the amount of time necessary for an investor to achieve a…

Santana Rey is considering the purchase of equipment for Busin company to add a new product to its computer furniture line. The $366,240 and to have a six-year life and no salvage value. The e income of $15,039 and net cash flow of $76,836 in each year of an 8% return on all investments. (PV of $1, FV of $1, PVA of $1, an factor(s) from the tables provided.) (Negative net present valu minus sign. Do not round intermediate calculations. Round you