Hint: Calculate the cumulative present value cash flow for each year of the project's life. Write an equation using "IF" statements to compute the Project PVCF @ Cumulative Year Cash Flows 17.00% PVCE UI A WNHO -$3,250,000 -$3,250,000 -$3,250,000 $1,400,000 $1,196,581 -$2,053,419 $1,400,000 $1,022,719 -$1,030,700 $1,400,000 $874,119 -$156,581 $1,400,000 $747,110 $590,529 $1,400,000 $638,556 $1,229,085 Discounted Payback Period: 3.2096 years Wh