(Ignore income taxes in this problem.) Your Corporation is considering a project that would require an investment of $369,800 and would last for 6 years. The annual net operating income from the project would be $103,000, which includes depreciation of $30,000. The scrap value of the project's assets at the end of the project would be $18,000. The cash inflows occur evenly throughout the year. What is the payback period of the project? You may need to round to match my number 2.8 years 3.6 years 5.1 years 3.1 years (Ignore income taxes in this problem) Your Corporation is investigating an investment in equipment that would have a useful life of 8 years. The company uses a discount rate of 4% in its capital budgeting. The net present value of the investment, excluding the annual cash inflow, is ($401,414). To the nearest whole dollar how large would the annual cash inflow have to be to make the investment in the equipment financially attractive? $ 60,800 $ 64,257 $401,414 $802,828 $ 59,619