Mac Company is considering Investing in two different projects, Stout and Boise. The company requests our help analyzing accounting data to ensure it makes the right investment decision. The Tableau Dashboard is provided for our analysis. Initial Investment per Project Stout Boise Stout Net Cash Flows per Project $8,000 Year 1 $4,000 Boise $8,000 Year 2 $9,000 $8,000 Year 3 $8,000 Year 4 $8,000 $20,000 $15,000 $10.000 $5 000 $13,000 $20,000 Year 5 $18.000 1(a). Compute the payback period for Stout project. 1(b). Compute the payback period for Bolse project 2. Based on payback period, which project is preferred? Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2 Compute the payback period for Stout project. (Cash outflows and cumulative net cash outflows must be entered with a minus sign.) Stout Net Cash Flows per Year Initial investment Year 1 Year 2 Year 3 Year 4 Year 5 Payback period Cumulative Net Cash Flows 27 1(a). Compute the payback period for Stout project. 1(b). Compute the payback period for Bolse project. 2. Based on payback period, which project is preferred? Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2 Compute the payback period for Boise project. (Cash outflows and cumulative net cash outflows must be entered with a minus sign. Round your Payback Period answer to 1 decimal place.) Boise Net Cash Flows Per Year Cumulative Net Cash Flows Initial investment Year 1 Year 21 Year 3 Year 4 Year 5 Payback period 1(a). Compute the payback period for Stout project. 1(b). Compute the payback period for Bolse project. 2. Based on payback period, which project is preferred? Complete this question by entering your answers in the tabs below. Required 1A Required 18: Required 2 Based on payback period, which project is preferred? Based on payback period, which project is preferred? < Required 1B onioned 2