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22. Using the following table, what is initial cost of this project is PB is 2.75 years? Year Cash Flows 0 1 $X $1,500 $1,000

22. Using the following table, what is initial cost of this project is PB is 2.75 years? Year Cash Flows 0 1 $X $1,500 $1,000 $1,800 $2,000 3 4 a. $1,350 b. $2,500 C. $3,850 d. $5,850 e. Cannot be determined

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