Payback and ARR Each of the following scenarios is independent. All cash flows are after-tax cash flows. Required 1. Brad Blaylock has purchased a tractor or $96,250. He expects to receive a net cash flow of $28,75 per year trom the investment. What she payback period r i m 0 years 2. Bertha Lafferty invested $350,000 in a laundromat. The facility has a 10-year life expectancy with no expected salvage value. The laundromat will produce a net cash flow of $115,000 per year what s the accounting rate of return? Enter your answer as a whole percentage lue or example, 16 % sho d be ent e as 5 n the answer 3. Melannie Bayless has purchased a business building for $325,000. She expects to receive the following cash flows over a 10-year period: Year 1: $44,000 Year 2: $57,000 Year 3-10: $83,000 What is the payback period for Melannie? Round your answer to one decimal place years what is the accounting rate of return? Enter your answer as a whole percentage value (for example, 16% should be entered as "16" in the answer box) 141%