The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Year 1 2 3 21 5 Investment Cash Inflow $75,000 $ 6,000 $7,000 $12,000 $18,000 $17,000 $20,000 $18,000 $16,000 $14,000 $10,000 $13,000 10 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? The management of Kunkel Company is considering the purchase of a $26,000 machine that would reduce operating costs by $6,500 per year. At the end of the machine's five-year useful life, it will have zero salvage value. The company's required rate of return is 16% Click here to view Exhibit 148.1 and Exhibit 148:2. to determine the appropriate discount factor(s) using table. Required: 1. Determine the net present value of the investment in the machine. 2. What is the difference between the total, undiscounted cash inflows and cash outflows over the entire life of the machine