EXERCISE 14-1 Payback Method LO14-1 The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Year 1 2345678000 9 10 Investment Cash Inflow $15,000 $1,000 $8,000 $2,000 $2,500 $4,000 $5,000 $6,000 $5,000 $4,000 $3,000 $2,000 Required: 1. Determine the payback period of the investment. 2. Would the payback period be affected if the cash inflow in the last year were several times as large