Each of the following scenarios is independent. All cash flows are aher-tax cash flows. Required: answer to two decimal places. vears 3. Melannie Bayless han purchased a business bullong for $337,000. She expects to receive the following carth flows over a 10 -year penod: Year 11$42,500 Vear 21$57,500 Year 3-10: 587,400 What is the payback period for Melannie? Mound your answer to one decimal place. x vears What is the accounting rate of return? Eater your answer as a whole percentage value (for example, 16% sheuld be entered as "16" in the answer box). Each of the following scenarios is independent. All cash flows are aher-tax cash flows. Required: answer to two decimal places. vears 3. Melannie Bayless han purchased a business bullong for $337,000. She expects to receive the following carth flows over a 10 -year penod: Year 11$42,500 Vear 21$57,500 Year 3-10: 587,400 What is the payback period for Melannie? Mound your answer to one decimal place. x vears What is the accounting rate of return? Eater your answer as a whole percentage value (for example, 16% sheuld be entered as "16" in the answer box)