The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Year Cash Inflow Investment 1 $ 60,000 $ 4,000 2 $ 3,000 $ 8,000 3 $ 16,000 4 $ 17,000 5 $ 20,000 6 $ 18,000 7 8 $ 16,000 $ 14,000 $13,000 9 10 Required: $13,000 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?