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Intro A new bottling machine will cost $25,000 initially. The machine will produce after- tax cash flows of $4,000 in the first year and $7,000

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Intro A new bottling machine will cost $25,000 initially. The machine will produce after- tax cash flows of $4,000 in the first year and $7,000 each year thereafter for 4 years. Your company's cost of capital is 4%. Attempt 1/3 for 1 pts Part 1 What is the payback period for this project? 0+ decimals Submit Attempt 1/3 for 1 pts. Part 2 What is the discounted payback period for this project? 2+ decimals Submit

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