Suppose you are evaluating a project with the cash inflows shown in the following table. Your boss has asked you to calculate the project's net prese value (NPV). You don't know the project's initial cost, but you do know the project's regular, or conventional, payback period is 2.50 years. The project's annual cash flows are: Year Cash Flow Year 1 $325,000 Year 2 600,000 Year 3 500,000 Year 4 450,000 If the project's desired rate of return is 9.00%, the project's NPV-rounded to the nearest whole dollar-is $266,445 bital budgeting Which of the following statements indicates a disadvantage of using the regular, or conventional, payback p decisions? Check all that apply. $283,098 The payback period does not take into account the time value of money effects o $299,750 's cash flows. The payback period is calculated using net income instead of cash flows. $333,056