content area top Part 1 Elysian Fields, Inc., uses a maximum payback period of 6 years and currently must choose between two mutually exclusive projects. Project Hydrogen requires an initial outlay of $25 comma 000; project Helium requires an initial outlay of $35 comma 000. Using the expected cash inflows given for each project in the following table, LOADING..., calculate each project's payback period. Which project meets Elysian's standards? Question content area bottom Part 1 The payback period of project Hydrogen is enter your response here years.(Round to two decimal places.) 1 6,000 7,000 2 6,000 7,000 3 8,000 8,000 4 4,000 5,000 5 3,500 5,000 6 2,000 4,000