Project No #606 Year Cash Outflow (OMR) 1,100,000 Cash Inflow (OMR) 210,000 180,000 130,000 290,000 410.000 550.000 150,000 280.000 440,000 550.000 You have been recently appointed as the Accounts Officer of the company and requested to evaluate the performance of Project No #505' and Project 'No #606' based on traditional capital budgeting technique. Which one of these projects is performing better? Rationalize the project selected through the analysis based on Payback Period Method. Do your analysis and evaluation of the projects change if cash flows for the 7th year change to OMR 300,000