Ch 11 Exercises eBook The management of Kawneer North America is considering investing in a new facility and the following cash flows are expected to result from the investment: Year Cash Outflow Cash Inflow 1 $1,895,000 $100,000 2 545,000 200,000 3 360,000 4 485,000 5 515,000 6 595,000 7 595,000 8 300,000 9 245,000 10 245,000 A. What is the payback period of this uneven cash flow? Round your answer to 2 decimal places. x years B. Does your answer change if year 10's cash inflow changes to $500,000? The answer for part A if the cash inflow in year 10 changes to $500,000. Feedback Check My Work The initial and next year investments will be offset by the cash flows for each consecutive year. Continue until the initial investment is depleted to determine the total payback period