The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Year 1 2 3 41 8 9 10. Investment $51,000 $ 8,000 Cash Inflow $ 4,000 $ 8,000 $16,000 $17,000 $20,000 $18,000 $16,000 $14,000 $13,000 $13,000 Required: Ignore income taxes. 1. Determine the payback period of the investment. (Round your answer to 1 decimal place.) Payback period years 2. Would the payback period be affected if the cash inflow in the last year was several times as large? Yes No