Arrendo, Inc. is evaluating two possible investments in depreciable plant assets. The 6 company uses the straight-line method of depreciation. The following information is available: Calculate the payback period for Investment B. (Round your answer to two decimal places.) Investment A $107,000 10 years Investment B $159,000 10 years $26,000 $46,000 Initial capital investment Estimated useful life Estimated residual value Estimated annual net cash inflow for 10 years Required rate of return $28,000 10% 14% Minimized View 3.46 years 1.94 years 2.89 years 3.82 years