Question 12 - Ch. Chapter 14 Homework 12 Exercise 14-1 (Algo) Payback Method [LO14-1) 0.83 points The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: 05:43 Year Investment $56,000 $ 6,000 3 CAT Taflow $ 3,000 $ 4,000 $ 0,000 $9.000 $12,000 010,000 $ 8,000 $ 5.000 95,000 $5,000 HT 10 Print Required: 1. Determine the payback period of the investment 2. Would the payback porlod be affected if the cash inflow in the last year were several times as farge? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the payback period of the investment (Round your answer to 1 decimal place.) Payback period years Required 2 >