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A proposed project has cash inflows of $52,000 in year 1, $63,000 in year 2, $71,000 in year 3, and $84,000 in year 4, and

A proposed project has cash inflows of $52,000 in year 1, $63,000 in year 2, $71,000 in year 3, and $84,000 in year 4, and a discount rate of 14.50%. What is the discounted payback period for these cash flows if the initial cost is $80,000? What is the discounted payback period for these cash flows if the initial cost is $110,000? What is the discounted payback period for these cash flows if the initial cost is $140,000?

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