(Ignore income taxes in this problem.) Simon Corporation is studying a project that would have a ten-year life and would require a $100,000 investment in equipment which has no salvage value. The project would provide net cash inflows each year as follows: Years 1 - 3 Years 4-6 Years 7 - 10 $30,000 per year $20,000 per year $15,000 per year Net cash inflows are earned evenly throughout the year. The payback period is closest to: 04.8 years. 4.0 years. 3.0 years. 3.5 years. (Ignore income taxes in this problem.) Overland Corporation is considering the purchase of a new piece of equipment and has gathered the following data: Investment in equipment Annual net cash inflows Salvage value of equipment Life of the investment Required rate of return $150,000 $40,000 $0 10 years 10% The company uses straight-line depreciation on all equipment. The net present value of this investment is: $95,800. $57,831. $40,000 $3,625. (Ignore income taxes in this problem.) Public Corporation is considering the purchase of a new piece of equipment and has gathered the following data: Investment in equipment Annual net cash inflows Salvage value of equipment Life of the investment Required rate of return $100,000 $14,000 $10,000 10 years 10% The company uses straight-line depreciation on all equipment. The net present value of this investment is: $19,300 $(7,825). $(10,110). O $47,480