Intro A new bottling machine will cost $22,000 initially. The machine will produce after-tax cash flows of $4,000 in the first year and $8,000 each year thereafter for 4 years. Your company's cost of capital is 7%. Part 1 - Attempt 1/3 for 10 pts. What is the payback period for this project? 2+ decima Submit Part 2 Attempt 1/3 for 10 pts. What is the discounted payback period for this project? 2+ decima Submit