8. The Walker Landscaping Company can purchase a piece of equipment for $3,600. The asset has a two-year life, will produce a cashflow of $600 in the first year and $4200 in the second year. The discount rate is 15%. What is the project's discounted payback and Profitability In- dex assuming steady cashflows? (Hint: use 2 decimal places for your calculations.) A. 1.97 years, 0.57. B. 2.97 years, 1.30. C. 1.97 years, 1.50. D. 2.97 years, 0.50. E. None of the above