bk t nces The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Year 1 Investment $52,000 Cash Inflow $ 4,000 2 $ 6,000 $8,000 3 $16,000 4 5 6 7 9 10 $17,000 $20,000 $18,000 $16,000 $14,000 $13,000 $13,000 Required: Ignore income taxes. 1. Determine the payback period of the investment. (Round your answer Payback period years swer to 1 decimal place.) 2. Would the payback period be affected if the cash inflow in the last year was several times as large? Yes No