Forteis considering producingBlu-ray players and digital video recorders(DVRs). The products require different specializedmachines, each costing$1.3 million. Each machine has afive-year life and zero residual value. The two products have different patterns of predicted net cashinflows:

Data table Annual Net Cash Inflows Year Blu-ray Players DVRS 1 400, 175 $ 540,000 2 400 175 370,000 3 400,175 330,000 4 400,175 250,000 5 400,175 50,000 2,000,875 $ 1,540,000 Total Forte will consider making capital investments only if the payback period of the project is less than 3.5 years and if the ARR exceeds 8%.Calculate the Blu-ray player project's payback period. First, enter the formula and then calculate the payback period. (Round your answer to two decimal places.) = Payback period years If the Blu-ray project had a residual value of $100,000, would the payback period change? Explain and recalculate if necessary. If the investment had a $100,000 residual value, the payback period affected. The cash inflow from any residual value would occur the asset's useful operating life and taken into account when calculating the payback period. The payback period if the Blu-ray player project had a residual value of $100,000 is years. (Round your answer to two decimal places.) Does this investment pass Forte's payback period screening rule? The payback period is 3.5 years, so it Forte's initial screening