Hello, I am struggling with this homework problem for my accounting class. Thank you for the help!

Cash Payback period, Net Present Value Method, and Analysis Elite Apparel Inc. is considering two investment projects. The estimated net cash flows from each project are as follows: Year Plant Expansion Retail Store Expansion $126,000 $105,000 103,000 124,000 89,000 85,000 81,000 59,000 25,000 51,000 Total $424,000 $424,000 Each project requires an investment of $229,000. A rate of 12% has been selected for the nel present value analysis. Year 1 2 Present Value of $i at Compound Interest 6% 10% 12% 15% 20% 0.943 0.9090.893 0.870 0.833 0.890 0.826 0.797 0.756 0.594 0.840 0.751 0.712 0.658 0.579 0.792 0.683 0.636 0.572 0.747 0.621 0.567 0.497 0.402 0.705 0.564 0.507 0.432 0.335 0.665 0.513 0.452 0.376 0.279 0.627 0.467 0.404 0.327 0.233 0.592 0.424 0.361 0.284 0.194 0.558 0.386 0.322 0.247 0.162 Required: ia. Compute the cash payback period for each project. Cash Payback Period Plant Expansion 2 years Retail Store Expansion 2 years 1b. Compute the net present value. Use the present value of $1 table above. If required, round to the nearest dollar. Plant Expansion Retail Store Expansion Total present value of net cash flow SL Less amount to be invested Net present value