= Based on the information below, calculate the payback period. (4 points) Show and label your work. Investment Depreciation method $120,000 11% Straight Line Required rate of return Useful life 5 years Residual value $5,000 Estimated net cash inflows per year for five years $21,000 2. Based on your answer in part 1, would you accept or reject this project? Why? (3 points)