Year Question 18 10 points This question has two parts & bl. You must answer both parts. IKEA is having a proposal to open new mini branch in Los Angeles. It will require an investment of $300,000. The company required rate of return is 10% The expected cash flow for the next 4 years are as follows: Cash flow (5) 1 400,000 2 250,000 3 220,000 4 180,000 The management ses payback period method to evaluate capital investments because the quick recovery of any capital investment is very important for the company Required: Compute the payback period for this proposal. You should.copy and paste the below into the answers and complete with the required information Would the company accept the proposal if maximum desired payback period of the management is 3 years? Year Cash Flow Cumulative Cash Flow 0 1 2 3 4 TT TT Paragraph Arial 3 (12) E. ET BIX MacBook Pro