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 throughout each year. Year 1 $50,000 $36,000 $60,000 $130,000 $24,000 $300,000 Year 2 Yescar 33 Total Net cash flows 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 places.) Year Cash inflow Cumulative Net (outflow) Cash Inflow (outflow) 0 (250,000) 2 4 Payback period =