The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows:

Year Investment Cash Inflow

$1$ $ $52,000$ $ $2,000$

$2$ $ $9,000$ $ $4,000$

$3$ $ $10,000$

$4$ $ $11,000$

$5$ $ $14,000$

$6$ $ $12,000$

$7$ $ $10,000$

$8$ $ $13,000$

$9$ $ $12,000$

$10$ $ $12,000$

Required:

$1.$ Determine the payback period of the investment.

$2.$ Would the payback period be affected if the cash inflow in the last year were several times as large?