Is director of the HIM department at Mercy General, you need to deal with budget issues his week. On your to-do list are adjusting both the capital and operational budgets for he next fiscal year. 1. Capital budgets are different from operational budgets in that they involve money set aside for purchases, as opposed to money for payroll or copy paper. 2. The department needs a new scanner, as the current one is constantly in need of repair. Proposals from three different vendors offer a variety of options and prices. Each of them promises savings that will "pay" for the product in different time periods. Fill in the blank in the denominator in formula for the payback period: estimatedCostofequipment 3. If vendor A has a unit priced at $8,000, and says that it will save the department $2,250 a year, what is the payback period (rounded to one decimal place)? Is director of the HIM department at Mercy General, you need to deal with budget issues his week. On your to-do list are adjusting both the capital and operational budgets for he next fiscal year. 1. Capital budgets are different from operational budgets in that they involve money set aside for purchases, as opposed to money for payroll or copy paper. 2. The department needs a new scanner, as the current one is constantly in need of repair. Proposals from three different vendors offer a variety of options and prices. Each of them promises savings that will "pay" for the product in different time periods. Fill in the blank in the denominator in formula for the payback period: estimatedCostofequipment 3. If vendor A has a unit priced at $8,000, and says that it will save the department $2,250 a year, what is the payback period (rounded to one decimal place)