Vigor , max is considering buying a new water treatment system for its plant in Austin: Texas. The company screens its potential capital investments using the payback and accounting rate of return methods. If a potential investment has; payback of less than ve years and a minimum 11% accounting rate of return it Will be conSIdered further. The data for the water treatment system follow a (Click the icon to view the water treatment system data ) Read the muirements Requirement 1. Compute the water treatment system's payback. (Round your answer to one cleCimal place X X ) Data table + = Payback + 2 years Cost of water treatment system Estimated residual value Estimated annual net cash inflow [each year for 6 years) from anticipated environmental cleanup savings Estimated useful life Requirements 1. Compute the water treatment system's payback. 2. Compute the water treatment system's ARR. 3. Should Vigor , max turn down this investment proposal or conSider it further? -Im