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A company invests $750,000 in a project with the following net cash flows: Year 1: $43,000 Year 2: $48,000 Year 3: $55,000 Year 4: $36,000

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A company invests $750,000 in a project with the following net cash flows: Year 1: $43,000 Year 2: $48,000 Year 3: $55,000 Year 4: $36,000 Year 5: $74,000 Year 6: $65,000 In what year does payback occur? O Year 4 0 Year 6 O After Year 6 0 Year 5

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