Payback Period With the cash flow of four projects, W, X, Y, and Z, and using the payback period decision model, which projects do you accept and which projects do you reject with a three-year cutoff period for recapturing the initial cash outflow? For payback period calculations, assume that the cash flow is equally distributed over the year. Cash Flow A B D Cost P10,000 P25,000 P45,000 P100,000 carsh flow year 1 P4,000 P2,000 P10,000 P40,000 Cash flow year 2 P4,000 P8,000 P15,000 P30,000 Cash flow year 3 P4,000 P14,000 P20,000 P20,000 Cash flow year 4 P4,000 P20,000 P20,000 P10,000 Cash flow year 5 P4,000 P26,000 P15,000 PO P4,000 Cash flow year 6 P32,000 P10,000 PO