The payback method helps firms establish and identifly a maximum acceptable payback period that helps in their capital budgeting decisions Consider the case of Green Caterpillar Garden Supplies Inc.: Green Caterpillar Garden Supplies Inc. is a small firm, and several of its managers are worried about how soon the firm will be able to recover its initial investment from Project Beta's expected future cash flows. To answer this question, Green Caterpillar's CFO has asked that you compute the project's payback period using the following expected net cash flows and assuming that the cash flows are received evenly throughout each year Complete the follwing table and compute the project's conventional payback period. For full credit, complete the entire table Year o Year 1 Year 2 Year 3 Expected cash flow Cumulative cash flow 000 2.40005,10000$2,10,00 Corwertional payback period: he conventional payback period ignores the time value of money, and this concerns Green Caterpillar's CFO. He has now asked you tocompute Beta's dcounted payback period, assuming the company has a 9% cost er Complete the following table and perform any necessary calculations. Round the discounted cash flow values to the nearest whole dollar, and the discounted payback peried to the nearest two decimal places. For full credit, complete the entire table Year 1 Year 2 Year 3 6,000,000 $2,400,000 $5,100,000 $2,100,000 Cash flow Discounted cash fio Cumulative discounted cash flow Discounted payback period: which version of a projedt's payback period should the CFO use when evaluating Project Beta, given its theoretical superionty? O The segular payback period Tho dscounted payback period al dsadvamage of both o the net present value method--is that they fa