1. Investment of RM800,000 in new machine to expand production capacity is being consideration by a company. Following are the budgeted cash flows given for next 6 years: Years RM000 1 RM80 2 RM310 3 RM260 4 RM310 5 RM220 6 RM180 Required: i. Calculate payback period. (4 marks) ii. Calculate Net Present Value using 10% discount rate for the company. (8 marks)