Assume that a company is considering an investment with the following cash flows: Year Investment 1 $ 400,000 2 $ 60,000 3 4 5 6 Cash inflow $ 70,000 $ 90,000 $ 120,000 $ 150,000 $ 200,000 $ 120,000 $ 80,000 $ 50,000 78 What is the payback period for this investment? Multiple Choice 515 years 4 years 415 years 425 years