Each of the following scenarios is independent, Assume that all cash fows are after-ax cash flows. 3. Colby Hepworth has just invested \\( \\$ 575,000 \\) in a book and video store. She expects to receive a cash income of \\( \\$ 120,000 \\) per year from the investment. b. Kylie Sorensen has just invested \\( \\$ 1,740,000 \\) in a new blomedical tectinelogy. She expects to recelve the following cash flows over the next 5 years: \\( \\$ 350,000 \\), \\( \\$ 490,000 \\), \\( \\$ 870,000, \\$ 520,000 \\), and \\( \\$ 350,000 \\). c. Carsen Nabors invested in a project that has a payback period of 4 years. The project brings in \\( \\$ 960,000 \\) per year. d. Rahn Booth invested \\( \\$ 1,450,000 \\) in a project that pays him an even amosint per year for 5 years. The payoack period is 2.5 years. Required: 1. What is the poyback period for Colby? Round your answer to two decimal places: years 2. What is the paybeck peniod for Kylie? Round your answer to one decimal place. years 3. How much did Carsen invest in the project? 4. How much cash does Rahn receive each year? 3. per year