Payback period What are the payback periods of projects E and in the following table ? Assume all the cash flow is evenly spread throughout the year. If the cutoff period is 3 years, which project(s) do you accept? What is the payback period for project ? years (Round to ono decimal place) With a 3-year cutoff period for recapturing the initial cash outflow project Ewould be (Select from the drop down menu) What is the payback period for project F? years (Round to one decimal place) With a 3 year cutoff period for recapturing the initial cash outflow, project F would be V (Select from the drop down menu) o Cash Flow Cost Cash flow year 1 Cash flow year 2. Cash flow year 3 Cash flow year 4 Cash flow year 5 Cash flow year 6 E $36,000 $9,000 $9,000 $9,000 $9,000 $9,000 $9,000 $105,000 $10,500 $21,000 $31,500 $42,000 $0 $0