Please calculate pay back for the following project. Project X Investment Project Y $(60,000) $(55,000) Cash Flow Year 1 $5,000 $0 2 $15,000 $0 $10,000 $35,000 4 $8,000 $0 5 $6,000 $60,000 a. Calculate Payback for Project X years months for Project Y_ _years months b. Which project you select under pay back method c. Calculate NPV for Project X NPV for Project Y d. Which one you select under NPV method