Please solve all blanks. Most importantly blanks for 1B. Please and thank you!

Cash Payback Period, Net Present Value Method, and Analysis Elite Apparel Inc. is considering two investment projects. The estimated net cash flows from each project are as follows: Plant Expansion Retail Store Expansion Year 1 2 3 4 5 Total Year 1 Each project requires an investment of $304,000. A rate of 20% has been selected for the net present value analysis. Present Value of $1 at Compound Interest 6% 10% 2 3 4 5 6 7 8 9 10 Required: 0.943 0.890 0.840 0.792 0.747 0.705 $167,000 137,000 118,000 107,000 33,000 $562,000 0.665 0.627 0.592 0.558 0.909 0.826 0.751 0.683 0.621 0.564 0.513 0.467 0.424 0.386 12% 0.893 0.797 0.712 0.636 0.567 0.507 0.452 0.404 0.361 $140,000 164,000 0.322 112,000 79,000 67,000 $562,000 15% 0.870 0.756 0.658 0.572 0.497 0.432 0.376 0.327 0.284 0.247 20% 0.833 0.694 0.579 0.482 0.402 0.335 0.279 0.233 0.194 0.162 Required: 1a. Compute the cash payback period for each project. Cash Payback Period Plant Expansion Retail Store Expansion 1b. Compute the net present value. Use the present value of $1 table above. If required, round to the nearest dollar. Plant Expansion Retail Store Expansion Total present value of net cash flow Less amount to be invested Net present value 2. Because of the timing of the receipt of the net cash flows, the $ offers a higher