Harbison Seed Co. is planning to buy a new soil cultivator and expects the following cashflow: The company will reject projects that don't pay back within three years as per policy. It will analyze those that do more carefully with time value based methods. 1. Using the Payback method, is this project worth consideration? Yes or No? Be sure to calculate the payback value but do not write your result here, but make sure you know why you chose your answer. 2. If the company's cost of capital is 5%, what is the resulting NPV figure .? Round to the whole value: NO DECIMAL PLACES. Add commas