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-57. Project Fluffy Cakes has an initial cash outlay of $10,000. Its annual expected cash flows are as follows After-tax Cash Flow Initial outlay Inflow
-57. Project Fluffy Cakes has an initial cash outlay of $10,000. Its annual expected cash flows are as follows After-tax Cash Flow Initial outlay Inflow year 1 Inflow year 2 Inflow year 3 Inflow year 4 -$10,000 2,000 5,000 4,000 8,000 What is the project's payback period in years
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