Hann Manufacturing has a manufacturing machine that needs attention Harn net cash inflows from the two op view the net con flows Han uses straight e depreciation and requires i annual retum of 16% Requirement 1. Compute the payback, the ARR, the NPV, and the prability index of these two options Compute the payback for both optons Begin by completing the payback schedule to Option 1) Net Cash Outflows Nut Cash inflows Year Amount invested Annual Accumulated 1,400,000 Data table Refurbish Current Year Machine Purchase New Machine Year 1 S 210,000 $ 3.420000 Year 2 $10,000 80.000 Year 3 410,000 $40,000 Year 270.000 400,000 Year 5 130,000 200,000 Year 130.000 260.000 Year 7 130.000 260.000 Year 130.000 1 200.000 Year 9 200.000 200.000 Year 10 1,000,000 $ 6,000,000 Total