Social Circle Publications Inc. is considering two new magazine products. The estimated net cash flows from each product are as follows: Sound Cellar Pro Gamer Year 65,000 70,000 60,000 55,000 25,000 35,000 25,000 30,000 45,000 30,000 Total $220,000 $220,000 Each product requires an investment of $125,000. A rate of 10% has been selected for the net present value analysis. Present value of $1 at Compound Interest 10% 12% 15% 20% Year 6% 1 0.943 0.909 0.893 0.870 0.833 0.890 0.826 0.797 0.756 0.694 0.840 0.751 0.712 0.658 0.579 0.792 0.683 0.636 0.572 0.482 0.747 0.621 0.567 0.497 0.402 0.705 0.564 0.507 0.432 0.335 7 0.665 0.513 0.452 0.376 0.279 0.627 0.467 0.404 0.327 0.233 9 0.592 0.424 0.361 0.284 0.194 10 0.558 0.386 0.322 0.247 0.162 Required: la. Compute the cash payback period for each product. Cash Payback Period Sound Cellar Select Pro Gamer Select lb. Compute the net present value. Use the present value of $1 table above. If required, round to the nearest dollar. Sound Cellar Pro Gamer Present value of net cash flow total Less amount to be invested Net present value 2. Because of the timing of the receipt of the net cash flows, the select magazine expansion offers a higher select