Solve the question 1, 2 and 3

Calculating Payback cash flows? Year Cash Flow 2 3 4 $7,600 1,900 2,900 2,300 1,700 Calculating Payback [LO2] An investment project provides cash inflows of $675 per year for eight years. What is the project payback period if the initial cost is $1,700? What if the initial cost is $3,300? What if it is $5,600? 2. 3. Calculating Payback [LO2] Siva, Inc., imposes a payback cutoff of three years for its international investment projects. If the company has the following two projects available, should it accept either of them? YearCash Flow (A) Cash Flow (B) -$45,000 16,000 21,000 15,000 9,000 -$ 55,000 13,000 15,000 24,000 255,000 0 2 3 4