Primera Banco is evaluating two capital investment proposals for a drive-up ATM kiosk, each requiring an investment of $78,000 and each with an eight-year life and expected total net cash flows of $208,000. Location 1 is expected to provide equal annual net cash flows of $26,000, and Location 2 is expected to have the following unequal annual net cash flows:

Year 1	$25,000
Year 2	19,000
Year 3	12,000
Year 4	10,000
Year 5	6,000
Year 6	6,000
Year 7	75,000
Year 8	55,000

Determine the cash payback period for both location proposals.

Location 1	years
Location 2	years