Beyer Company is considering the purchase of an asset for $270,000. It is expected to produce the following net cash flows. The cash flows occur evenly within each year. 1 Year 2 Year 3 Year 4 Year 5 Total Net cash flows $66,000 $39,000 $67,000 $200,000 $22,000 $394,000 Compute the payback period for this investment.(Cumulative net cash outflows must be entered with a minus sign. Round your Payback Period answer to 2 decimal place.) , Cash inflow (Outflow) Cash Inflow (Outflow) 0S(270,000) Payback period