Ruth and Edward are partners in a business. They have approached each other regarding possible investments to aid their business in creating more revenue. Ruth's investment would require an initial outlay of cash of $46,000 but would provide an additional revenue stream of $23,500 per year. Edward's investment would cost $62,000 and would bring in additional revenue of $28,000 per year. Both investments would provide revenue for four years. Using a discount rate of 10%, calculate the discounted payback period for each investment and determine which imvestment would better use the company's resources. (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round intermediate calculations to the nearest whole dollar and final answers to 2 decimal places, e.s. 25.22. Ignore taxes.) Click here to view Present Value of 1 (Present Value of a Single Sum)