I hope you are having a great day so far! Thanks for any help! I appreciate it! Reference: Tables.

K Alton Manufacturing, Inc. has a manufacturing machine that needs attention. i (Click the icon to view additional information.) Click the icon to view Present Value of $1 table.) Alton expects the following net cash inflows from the two options: (Click the icon to view Present Value of Ordinary Annuity of $1 table.) EEE(Click the icon to view the net cash flows.) (Click the icon to view Future Value of $1 table.) Alton uses straight-line depreciation and requires an annual return of 12% (Click the icon to view Future Value of Ordinary Annuity of $1 table.) Read the requirements. Requirement 1. Compute the payback, the ARR, the NPV, and the profitability index of these two options. Compute the payback for both options. Begin by completing the payback schedule for Option 1 (refurbish). Net Cash Outflows Net Cash Inflows Year Amount Invested Annual Accumulated - X Data table - X More info Is U 800,000 Refurbish Current Purchase New The company is considering two options. Option 1 is to refurbish the current Year Machine Machine machine at a cost of $800,000. If refurbished, Alton expects the machine to last another eight years and then have no residual value. Option 2 is to replace the Year 1 $ 250,000 $ 1,180,000 machine at a cost of $1,700,000. A new machine would last 10 years and have no Year 2 320,000 410,000 residual value. CO NO UI A W N - Year 3 250,000 340.000 Year 4 180,000 270,000 Year 5 110,000 200,000 Print Done Year 6 110,000 200,000 Year 7 110,000 200,000 Year 8 110,000 200,000 Year 9 200,000 200,000 Year 10 $ 1,440,000 $ 3,400.000 Total Print Done