coffer company is analyzing two potential investments. project x project y cost of machine $ 92,050 $ 69,000 net cash flow: year 1 35,000 3,400 year 2 35,000 32,000 year 3 35,000 32,000 year 4 0 32,000 if the company is using the payback period method, and it requires a payback period of three years or less, which project(s) should be selected?
