Requirements: $($a$)$ Compute the cash payback period and net present value of the proposed investment. $($If the net present value is negative, use either a negative sign preceding the number eg $-45$ or parentheses eg $(45).$ Round answer for present value to $0$ decimal places, e$.$g$.125.$ Round answer for Payback period to $1$ decimal place, e$.$g$.10\mathrm{.}5.$ For calculation purposes, use $5$ decimal places as displayed in the factor table provided.$).($b$)$ Does the project meet the company$$s cash payback criteria? Does it meet the net present value criteria for acceptance?