You have the opportunity to expand your business by purchasing new equipment for $192,000. You expect to incur fixed costs of $93,000 per year to use this new equipment, and you expect to incur variable costs in the amount of approximately 11% of annual revenues. X Required 1. Calculate the payback period for this investment assuming you will generate $138,000 in cash revenues every year. 2. Assume you expect the following revenue stream for this investment: Year 1: $ 94,000 Year 4: $ 154,000 Year 7: $ 142,000 Year 2: Year 5: 173,000 Year 8: 117,000 126,000 124,000 78,000 Year 3: Year 6: 182,000 Year 9: Based on this estimated revenue stream, what is the payback period for this investment