Each of the following scenarios is independent: Assume that all cash flows are after-tax cash flows. a. Colby. Hepworth has just invested $400,000 in a book and video store. She expects to recelve a cash income of $120,000 per year from the investment b. Kylie Sorensen has just invested $1,800,000 in a new biomedical technology. She expects to recelve the following cash flows aver the next 5 years: $350,000,$490,000,$900,000,$520,000, snd $380,000. 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 $1,350,000 in a project that pays him an even amount per year for 5 years. The payback period is 2,5 years. Required: 1. What is the payback period for Colby? Round your answer to two decimal places. 4 years 2. What is the paybock period for Kylie? Round your answer to one decimal place. x years 3. How much did Carsen invest in the project? 5 4. How much cash does Rahn receive each year? 5 per year