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You have the opportunity to expand your business by purchasing new equipment for $195,000. You expect to incur fixed costs of $94,000 per year to use this new equipment, and you expect to incur variable costs in the amount of approximately 8% of annual revenues. Click the icon to see the Worked Solution. Requirement 1. Calculate the payback period for this investment assuming you will generate $134,000 in cash revenues every year. (Round your answer to two decimal places.) The payback period is years. Requirement 2. Based on the estimated revenue stream, what is the payback period for this investment? (Round your answer to two decimal places.) The payback period is years. Required 1. Calculate the payback period for this investment assuming you will generate $134,000 in cash revenues every year. 2. Assume you expect the following revenue stream for this investment: Based on this estimated revenue stream. what is the pavback beriod for this