WORK- Chapter 12 Problem 12-6 Payback method [LO12-3] Assume a $200,000 investment and the following cash flows for two products: Skipped Year Product XProduct Y 1 $50,000 $50,000 2 80,000 60,000 3 65,000 50,000 4 30,000 50,000 eBook a. Calculate the payback for products X and Y. (Do not round Intermediate calculations. Round your answers References [Product X 1 years Product Y years b. Which alternative would you select under the payback method