Problem 12-7 Payback method [LO12-3] Assume a $95.000 investment and the following cash flows for two alternatives. Year 1 2 3 4 5 Investment X $25,000 38,888 28,000 15,000 20.000 Investment $50,000 35,000 15,000 a. Calculate the payback for investment X and Y. (Do not round Intermediate calculations, Round your answers to 2 decimal places) Investment X Investment years year a. Calculate the payback for investment X and Y. (Do not round Intermediate calculations. Round your answers to 2 decimal places) Investment Investment year year b. Which alternative would you select under the payback method? Investment O investment y