Shelduck Laundromat is trying to enhance the services it provides to customers, mostly college students. It is looking into the purchase of newl smartphone. Shelduck estimates the cost of the new equipment at $203,000. The equipment has a useful life of 9 years. Shelduck expects cash fi amount of 5% of revenues. Shelduck evaluates investments using a cost of capital of 8%. Present Value of $1 table Present Value of Annuity of S1 table Future Value of $1 table Future Value of Annuity of $1 table Read the requirements Requirement 1. Calculate the payback period and the discounted payback period for this investment, assuming Shelduck expects to generate $165 decimal places.) The payback period in years, for the investment assuming uniform net cash inflows is 2.64 The discounted payback period in years, for the investment assuming uniform net cash inflows is 3.09 Requirement 2. Assume instead that Shelduck expects an uneven stream of incremental cash revenues from installing the new washing machines, for the investment? Start by determining the net initial investment unrecovered amounts at the end of each year by first entering the net cash inflow(outflow) amounts and for net cash outflows and to show negative cumulative net cash flows. Once the net initial investment is fully recovered enter a zero for that year's line column) Cumulative Net Year Intlow (Outflow) Cash Flows Net Cash 0 1 $ 15,000 24,500 2 3 43,500 24 50 Net Cash Cumulative Net Cash Flows Year Inflowl(Outflow) 0 1 $ 15,000 2. 24,500 3 4 5 6 43,500 24,500 81,500 100,500 67,250 38,750 76,750 7 8 CO 9 equirements 1. Calculate the payback period and the discounted payback period for this investment, assuming Shelduck expects to generate $165,000 in incremental revenues every year from the new machines. 2. Assume instead that Shelduck expects an uneven stream of incremental cash revenues from installing the new washing machines. Based on this estimated revenue stream, what are the payback and discounted payback periods for the investment? J 1 Year B D E F H. 1 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 $ 100,000 $ 110,000 $ 130,000 $ 110,000 $ 170,000 $190,000 $155,000 $125,000 $165,000 2 Projected Revenue