Requirement 1: The management of Lanzilotta Corporation is considering a project that would require an investment of $270,000 and would last for 6 years. The annual net operating income from the project would be $112,000, which includes depreciation of $15,000. The scrap value of the project's assets at the end of the project would be $17,000. The cash inflows occur evenly throughout the year. The payback period of the project is closest to (Ignore income taxes.): (Round your answer to 1 decimal place.) Requirement 2: Trovato Corporation is considering a project that would require an investment of $65,000. No other cash outflows would be involved. The present value of the cash inflows would be $83,200. The profitability index of the project is closest to (Ignore income taxes.): Requirement 3 The management of Ro Corporation is investigating automating a process. Old equipment, with a current salvage value of $12,000, would be replaced by a new machine. The new machine would be purchased for $402,000 and would have a 6 year useful life and no salvage value. By automating the process, the company would save $139,000 per year in cash operating costs. The simple rate of return on the investment is closest to (Ignore income taxes.): (Round your answer to 1 decimal place.)