Toy World Products is considering producing toy action figures and sandbox toys. The products require ditleront spocialized machines, each costing $1.5 million. Each machine has a five-year 4 . and zero residual value. The two products have ditlerent pattems of predicted net cash infows: (Cick the icon to view the data) this investment pass Toy Woeld's pbyback period screening rule? Data table Calculate the toy action figure projects payback period. First enter the formula, then calculate the payback period. (Entor amounts in doflars, not millions. Round your answar If the toy action figure project had a residual voluo of $100,000, would the payback period change? Explain and rocalc It the itvestment had a 5100.000 residual value, the payback pariod affected. The cash inflow from ant Ne and taken into account when calculating the payback period. (Rhound your answes to two decimal places.) The payback pariod if the toy action fgure peojoct had a residual value of $100,000 is Toy World wil consider making capifal investments only if the payback period of the projoct is less than 3.5 years and the ARR exceeds b\%