Cash Payback Period, Net Present Value Method, and Analysis Elite Apparel Inc. is considering two investment projects. The estimated net cash lows from each p Year Plant Expansion Retail Store Expansion $129,000 106,000 91,000 83,000 26,000 $435,000 $108,000 127,000 87,000 61,000 52,000 $435,000 2 3 Total Each project requires an investment of S235.000. A rate of 10% has been selected for the net present Present Value of $1 at Compound Interest Year 60%% 10% 1290 15% 20% . 0.943 0.909 0.893 0.870 0.833 2 0.890 0.826-0.797 0.756 0.694 3 0.840 0.751 0.712 0,658 0.579 4?? 0.792 0.683 0.636 0.572 0.482 5 0.747 0.621 0.567 0.497 0.402 6 0.705 0.564 0.507 0.4320.335 0.665 0.513 0.4520.376 0.279 8 0.6270.467 0.404 0.327 0.233 90.5920.424 0.361 0.284 0.194 0.558 0.386 0.322 0247 0.162 10 Required: 1a. Conmpute the cash payback period for each project All work saved