Complete all parts of the question

Payback Peried . selection er teror. The is a breakeven. cacuation in the sense that if a pre eers cash flows come in at the expected rate, the project Number of Uw eend- fall recovery Nyback pe od was the earlier will break even. The equation is: Payback years prior tog The Select: 1a propect's payback, the better the project is. However, payback has 3 main disadvantages:(3) All dolars received in different years are given Selectweight.(2) Cash fows beyand the payoak year are ore 0 The payback merey i cates when a pro ects investment wia be recovered. There is no necessary relationship between a gi en payback and investor wealth maximeration. A variant or the regular panack is the discounted Payback, unike regular payback the dsconted payback considers t costs. However, the discounted payback sta dsregards cash Ows and risk se ct Select the payback year In addition, there is no specific payback rule to justify project acceptance. Both methods provide information about Select Quantitative Problems Belinger Industries is considering two prajects for inclusion in its capital budget, and you have been asked to do the analysis. Both projects' after-tax cash flows are shown on the time line below. Depreciation, salvage values, net operating working capital requirements, and tax effects are all included in these cash fows Both projects have 4 year ives, and they have risk 1,050 650 370 210 260 Project B 1,050 250 305360 710 Round your a answer to four decimal places. Do not round your intermediate calculations. what is Project payback? Round your answer to four decimal places. Do not round your intermediate calcuations. years