4. Cheetah Communications is faced with two potential projects. The company uses the discounted payback method to assess new investment opportunities and utilizes a discount rate of 10%. The cash flows for the two new projects are as follows: Year Project 1 Project 2 0 -$100,000 $100,000 rer 1 50,000 75,000 2 40,000 -10,000 3 70,000 130,000 4 15,000 20,000 1 Which investment project should the company go for?