King Fisher Aviation is evaluating an investment project with the following case flows: $6,000 $5,500 $7,000 $8,000 Discount rate 14 percent What is the discounted payback period for these cash flows if the initial cost is 15,000? What if the initial cost is $12,000? What if the cost is $ 16,000? Fill in the values in the spreadsheet. $ Annual cash inflows: Year 1 Year 2 Year 3 Year 4 6,000 5,500 7,000 8,000 Discount rate 14% Initial cost 15,000 Output area: Discounted payments: Year 1 Year 2 Year 3 Year 4 Payback period