Vilas company is considering a capital investment of $191,800 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 $12,270 and $49,490, respectively. vilas has a 12% cost of capital rate, which is the required rate of return on the investment. click here to view the factor table. (for calculation purposes, use 5 decimal places as displayed in the factor table provided.) incorrect answer. your answer is incorrect. try again. compute the cash payback period. (round answer to 1 decimal place, e. g. 10.5.) cash payback period entry field with incorrect answer now contains modified datayears compute the annual rate of return on the proposed capital expenditure. (round answer to 1 decimal place, e. g. 20.5.) annual rate of return entry field with incorrect answer now contains modified data%