How do I find the amount of full years, amt. to complete recovery in next year, and projected net cash inflow in next year.

please show work so I can better understand. thank you!

W S12-3 (similar to) Question Help Play Life Products is considering producing toy action figures and sandbox toys. The products require different specialized machines, each costing $1 million. Each machine has a five-year life and zero residual value. The two products have different patterns of predicted net cash inflows. Click the icon to view the data) Calculate the sandbox toy project's payback period. If the sandbox toy project had a residual value of $175,000, would the payback period change? Explain and recalculate if necessary Does this investment pass Play Life's payback period screening rule? Calculate the sandbox toy project's payback period First, enter the formula, then calculate the payback period. (Enter amounts in dollars, not millions Round your answer to two decimal places. Abbreviation used Amt = Amount) Full years + Amt. to complete recovery in next year Projected net cash inflow in next year ) = Payback years million. Each machine has a five-year life and zero residual value. The two ash inflows: the data.) project's payback period. If the sandbox toy project had a residual value of $ xplain and recalculate if necessary. Does this investment pass Play Life's pa Data Table - X n. ne Year Year 1 Year 2 Annual Net Cash Inflows Toy action figure Sandbox toy project project $ 317,750 $ 510,000 317,750 340,000 317,750 330,000 317.750 230,000 317,750 20,000 ..... Year 3 ..... Year 4 ear 5 ... $ Total 1,588,750 $ 1,430,000 Play Life will consider making capital investments only if the payback period of the project is less than 3.5 years and the ARR exceeds 8%. Print Done