Compute the cash payback period on the proposed capital expenditure. (Round answer to 2 decimal places, e. . 15.25.) Cash paybackperiod years Attempts: 1 of 1 used (b) Using the discounted cash flow technique, compute the net present value. (Use the above fable) (Round factor volues to 5 decimal ploces, e.g. 1.25124 and final answer to 0 decimal ploces, es. 5,275.) Net present value Indigo Company is considering a capital investment of $509,540 in additional productive facilities. The new machinery is expected to havea useful life of 5 years with nosalvage value. Depreciation is computed by the straight-line method. During the life of the imvestment, annual net income and cash flows are expected to be $48,000 and $146,000, respectively. Indigo has a 12% cost of capital rate, which is the minimum acceptable rate of retum on the investment. Click trere to view PV tables