gnmentMain.do?invoker=&takeAssignmentSession Locator-&inprogress=false$4<Year 1Year 2Year 3Cash payback period for a Service CompanyOmni Financial Inc. is evaluating two capital investment proposals for a drive-up ATMkiosk, each requiring an investment of $200,000 and each with an 8-year life andexpected total net cash flows of $320,000. Location 1 is expected to provide equalannual net cash flows of $40,000, and Location 2 is expected to have the followingunequal annual net cash flows:ΣOll%5JUSG taRM In$78,000Year 558,000Year 638,000Year 7Year 426,000Year8Determine the cash payback period for both location proposals.Location 1Location 2✪<6D&7yearsyearsC2*4$42,00034,00024,00020,0008G teΤο Fi76OAF +SDec 8 2:30BEBVAb

expected total het cash flows of $320,000. Location 1 is expected to provide e annual net cash flows of $40,000, and Location 2 is expected to have the follo unequal annual net cash flows: Year 1 Year 2 Year 3 Year 4 Determine Year 5 Year 6 Year 7 Year 8 Location 1 $78,000 58,000 38,000 26,000 the cash payback period for both location proposals. $42,000 34,000 24,000 20,000 years