Exercise 11-1 Payback Method [L011-1] The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows Year Investment Cash Inflow $54,000 7,000 $5,000 10,000 16,000 17,000 20,000 18,000 16,000 $14,000 $13,000 13,000 6 10 Required: 1. Determine the payback period of the investment. (Round your answer to 1 decimal place.) Payback period years 2. Would the payback period be affected if the cash inflow in the last year were several times as large? Yes O No