Cash Payback period, Net Present Value Method, and Analysis Elite Apparel Inc. is considering two investment projects. The estimated not cash flows from each project are as follows: Plant Year Retail Store Expansion Expansion 1 $155,000 $130,000 2 127,000 152,000 3 110,000 104,000 4 99,000 73,000 5 31,000 63,000 Total $522,000 $522.000 Each project requires an Investment of $282,000. A rate of 6% has been selected for the net present value analysis Present Value of $1 at Compound Interest Year 6% 100 1296 15% 2046 1 0.943 0.909 0.592 0.870 0.833 2 0.890 0.826 0.797 0.756 0.694 0.840 0.751 0.712 0.658 0.579 0.792 0.683 0.636 0.572 0.402 5 0.747 0.567 0497 0.402 0.705 0,564 0.507 0.432 0335 0.065 0:513 0,452 0.376 0.279 0.467 0.327 0233 4 0.464 thin ator comprogressatse 20 0.567 1 0.1 0.909 0.893 0.870 0.833 0.890 0.826 0.797 0.756 0.694 3 0.8-40 0.751 0.712 0.658 0.579 1 0.792 0.683 0.636 0.572 0.482 5 0.747 0.621 0.497 0.402 5 0.705 0.564 0.507 0.432 0,335 2 0.665 0.513 0.452 0.376 0.279 0.627 0.467 0.404 0.327 0.233 9 0.592 0.424 0.361 0.284 0.194 10 0.558 0.356 0.322 0.247 0.162 Required: 1a. Compute the cash payback period for each product Cash Payback Period Plant Expansion Fetall Store Expansion 1b. Compute the not present value. Use the present value of $1 table above. If required, round to the nearest dollar. Plant Expansion Retail Store Expansion Present value of net cash flow total Les amount to be invested Met present value 2. Be of the tining of the receipt of the heat low the offers higher O