Assume a $42,000 investment and the following cash flows for two alternatives: Year 1 2 3 4 5 Investment X $15,000 10,000 10,000 15,000 20,000 Investment Y $22,000 10,000 10,000 Calculate the payback period for investment X and investment Y. (Do not round intermediate calculations. Round the final answers to 2 decimal places.) Payback period years Investment X Investment Y years Which of the alternatives would you select under the payback method? O Investment X O Investment Y