3 pts Question 12 (Chapter 5. Long-Answer). Please use the following information to answer questions 12 to 19. You are the CFO of XYZ Co. that prints textbook using an outdated system. The owner provides you with the following information about a new super modification project "Alpha" that will last for Z years. The project requires a new machine that costs $100,000 today. The project will not generate any cash flow at time 1. In years 2 and 3, the annual cash flows is $25,000. In years 4 and 5 the annual cash flow is $30,000, in year 6 it is $10,000, and in year 7 it is $60,000. The required rate of return is 6 percent. Credit for questions (12) to (17) will only be given if you provide numerical support for your decision. What is the Payback Period for the project? Will you accept the project if the benchmark Payback Period is 4 years 7 months