Payback Periad Each of the following scenarios is independant. Assume that all cash flowe are after-tax cash flows. 3, Colby Hepworth has just invested $575,000 in a book ond video store. She expects to receive cash income of $120,000 per year from the investment. EX.12.31 ALGO EX.12.33.ALGO b. Kylie Sorensen has just invested $1,480,000 in-new biomedical technology. She expects to receive the following cash flows over the next years: $350,000, $490,000, $740,000, EX.12.3 $460,000. and $280.000. c. Carsan Nabors invested in a project that has a payback pariod of 4 yaears. The project brings in $960,000 per year d. Rahn Booth invested $1.300,000 in a project that pays him an even amount per yeer for 5 years. The payback period is 2.5 years EX.12.35.ALGO PR.12.41 PR.12.46 1. What is the payback period for Colby7 Round your answer to two decimal places 2. What is the payback period for Kylie? Round your answer to one decimal place rears 3. How much did Carsen invest in the project? . How much cash does Rahn receive each year? Chack My Work Next rogress: 1/6 items ignment Score: 0 0% Save nd Eo ubmit Assignment for Grading 8/2018