Question: Intro A new bottling machine will cost $23,000 initially. The machine will produce after-tax cash flows of $4,000 in the first year and $9,000 each

Intro A new bottling machine will cost $23,000 initially. The machine will produce after-tax cash flows of $4,000 in the first year and $9,000 each year thereafter for 4 years. Your company's cost of capital is 6% IB Attempt 1/5 for 10 pts. Part 1 What is the payback period for this project? 2+ decimals Submit IB Attempt 1/5 for 10 pts. Part 2 What is the discounted payback period for this project? 2+ decimals Submit
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