The management of Weimar, Inc., a civil engineering design company, is considering an investment in a high-quality blueprint printer with the following cash flows:

Year	Investment	Cash Inflow
1	$60,000	$4,000
2	$3,000	$8,000
3		$16,000
4		$17,000
5		$20,000
6		$18,000
7		$16,000
8		$14,000
9		$13,000
10		$13,000

Required:
1.	Determine the payback period of the investment. (Round your answer to 1 decimal place.)

Mountain View Hospital has purchased new lab equipment for $238,296. The equipment is expected to last for three years and to provide cash inflows as follows: (Ignore income taxes.)

Year 1	$	81,000
Year 2	$	89,000
Year 3		?

Click here to view Exhibit 8B-1 and Exhibit 8B-2, to determine the appropriate discount factor(s) using table.

Required:

Assuming that the equipment will yield exactly a 7% rate of return, what is the expected cash inflow for Year 3? (Round discount factor(s) to 3 decimal places.)