Please use the following data for questions 8-12. Year 1 2 3 $20,000 $32,000 $8,000 $2,000 $3,000 Initial Investment is $51,000 8. What is the project's payback period? Will you accept the project if the required payback period is 4 years? 9. What is the project's fair value or present value if you require a 20% return? 10. What is the project's NPV? Will you accept the project? 11. Explain why the above two techniques lead you to different decisions 12. What is the project's IRR? Is the project acceptable if you require a 20% return? 13. California Health Center, a for-profit hospital, is evaluating the purchase of a new diagnostic equipment. Average investments in inventory and accounts receivable will be $50,000 and $200,000 respectively, while the average accounts payable balance will be $30,000. What amount of net working capital would be needed