Intro A new bottling machine will cost $24,000 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 3%. Attempt 2/3 for 1 pts. Part 1 What is the payback period for this project? 2+ decimals Submit Attempt 1/3 for 1 pts. Part 2 What is the discounted payback period for this project? 2+ decimals Submit Submit assignment