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The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Year Investment Cash Inflow 1 $71,000

 

The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Year Investment Cash Inflow 1 $71,000 2 $ 4,000 $ 6,000 $12,000 3 $21,000 4 $22,000 5 $25,000 6 $23,000 7 $21,000 8 $19,000 9 10 $18,000 $18,000 Required: 1. Determine the payback period of the investment. 2. Would the payback period be affected if the cash inflow increased significantly in year 10? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the payback period of the investment. (Round your answer to 1 decimal place.) Payback period years < Required 1 Required 2 >

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