Please Show Work!

Cash Payback Analysis-Examples Calculate the cash payback period for the following investments assuming 1) cash flows occur evenly over the years or 2) cash flows occur at the end of every year. 1. $180,000 investment with equal annual after-tax cash flows of $22,800 2. Assume the same $180,000 investment with expected annual aftertax cash flows of $30,000 in the first 5 years, and $20,000 afterwards