The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: 1 Investment $31,000 $ 4,000 Skipped Year 1 2 3 4 5 6 7 8 9 10 Cash Inflow $ 2,000 $ 4,000 $ 8,000 $ 9,000 $12,000 $10,000 $ 8,000 $ 6,000 $ 5,000 $ 5,000 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? O Yes O No