A small business undertakes a project requiring an initial investment of $300,000. The project is expected to generate cash inflows of $70,000, $80,000, $90,000, $100,000, $110,000, and $120,000 over the next six years respectively. Determine the payback period for this investment. A small business undertakes a project requiring an initial investment of $300,000. The project is expected to generate cash inflows of $70,000, $80,000, $90,000, $100,000, $110,000, and $120,000 over the next six years respectively. Determine the payback period for this investment