Cash Payback Perlod, Net Present Value Method, and Analysis Flite Apparel Inc. s considering two investment projects. The est mated ner cash rlows trom each project are as follows: Plant Retail Store Expansion $106,000 $89,000 1D4,D0 1,000 50,000 43,D10 $357,000 68,000 21,D00 Total $357,000 Each project requires an investment or 193,000. A rate of 20% has been selected for the net present value enalysis. Present Value of 1 at Compound Year 6% 10% 12% 15% 20% 2 0.890 0.826 0.797 0.756 0.694 3 0.840 0.751 0.712 0.658 0.579 5 0.747 0.621 0.567 0.497 0.402 6 0.705 0.564 0.507 0.432 0.335 70.665 0.513 0.452 0.376 0.270 0.627 0.467 D.404 0.327 0.233 9 0.592 0.421 0.361 0.284 0.194 10 0.558 0.386 0,322 0.247 0,162 Required la. Compute the cash payback period for each project Cash Payback Plant Retail Store Expansion 1b, Compute the net present value. Use the present velue of $1 table above. If required, round to the nearest dollar. Plant Retail Store Expansion Expansion Present value of net cash low tatal investe Nat presant valuc 2. Because ofthe timing ofthe recept of the net cash flows, the offers higher