? Assume all the cash flow is evenly spread throughout the year. If the cutoff period Payback period. What are the payback periods of projects E and F in the following table: is 3 years, which project(s) do you accept? What is the payback period for project E? years (Round to one decimal place.) Cash Flow E Cost Cash flow year 1 Cash flow year 2 Cash flow year 3 Cash flow year 4 Cash flow year 5 Cash flow year 6 $36,000 $7,200 $7,200 $7,200 $7,200 $7,200 $7,200 F $90,000 $27,000 $36,000 $9,000 $18,000 $0 $0