Beyer Company is considering the purchase of an asset for $250,000. It is expected to produce the following net cash flows. The cash flows occur evenly within each year Not cash love $50,000 Tear 2 $36,000 Year $60,000 3130.000 Years 520.000 Total $300,000 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.) Year Cash Intow (Outflow $ (250,000) Cumulative Net Cash Inflow (Outflow) 0 1 2 3 4 5 Payback period