Q2: (20 marks) a) A proposed project has cash inflows of $52,000 in year 1, $63,000 in year 2, $71,000 in year 3, and $84,000 in year 4 and a discount rate of 14.50%. a. What is the discounted payback period for these cash flows if the initial cost is $80,000? b. What is the discounted payback period for these cash flows if the initial cost is $110,000? c. What is the discounted payback period for these cash flow if the initial cost is $140,000