are oven below. Storage facilty Even cash fows of \$140,000 per year wash: $112,700,$143,200,$66,000,$122,000, and $93,000 Required: 1. Calculate the paybock perisd for the storoge foclity (even cash fows). Round your answer to ene decimal place. years 2. Caloulate the paybock period for the car wash facily (oneven cash fows). Round your answer to three decimal places. years Which project should be occepted based on parback analysis? 3. What if a third mutually exclusive project, a leundry facilo, tecame available with the same investment and annual cash flows of $170,000 ? It has a shorter payback periog and provides more cash flow over its life. Now which project would be chosen