Information for wo altemative projects involving machinery investments follows. Project 1 requires an initial investment of $148,000 Project 2 requires an (nithal ifvestment of $133,000 (o) Compute each project's annual net cash flow. (b) Compute payback period for each investment. Complete this question by entering your answers in the tabs below. Compute each peoject's annual net canh flow. information for two altecnative projects involving machinery investments follows. Project 1 iequires an initial investment of 5148,000 Project 2 requires an inltia: mivestment of $133,000 (a) Compote each project's annual net cash flow. (b) Compute payback peniod for each investment. Complete this question by entering your answers in the tabs bolow. Compute paryback period for each investment