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Reed's Flower Shop is seeking to purchase new refrigeration equipment. a) Calculate each of the payback period's for the following, b) Suggest and explain the

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Reed's Flower Shop is seeking to purchase new refrigeration equipment. a) Calculate each of the payback period's for the following, b) Suggest and explain the best option; Investment Option A: $3800 dollar investment Annual cash flows due to increased inventory $1100 Investment Option B: $4900 dollar investment Annual cash flows due to increase inventory Year 1, $1250 Year 2: $1400 Year 3: $1850 Year 4: $1100

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