Chapter 12 Homework (GRADED) Part 2 of 5 42.00% 64 of 15 points Points: 0 23 of 1 Save Toyland Products is considering producing toy action figures and sandbox toys. The products require different specialized machines, each costing $1 million Each machine has a five-year life and zero residual value The two products have different patterns of predicted net cash inflows (Click the icon to view the data) Calculate the sandbox toy project's payback period if the sandbox toy project had a residual value of $175,000, would the payback period change? Explain and recalculate necessary. Does this investment pass Toyland's payback period screening rule? Data table % Calculate the sandbox toy project's payback period % Full years First, enter the formula, then calculate the payback period (Enter amounts in dollars, not millions Round your answer to two decimal pl Ant to complete recovery in next year Annual Net Cash inflows Toy action figure Sandbox toy Year Projected net cash indowinned year - Payback project project % years Year 1... 305.450 540,000 Year 2.. 305.450 370.000 Year 3. 305 450 320,000 % Year 4 305450 200.000 305.450 25.000 Year 5. 1527 250 $ 1.515.000 Total C 6- Help me solve this Video Get more help- Type here to search Toyland will consider making capital investments only if the payback period of the project is less than 35 years and the ARR exceeds 0% Print Done Rain.. 2:10 PM 7/25/2022