Black Diamond is getting ready to produce a new line of snowboards by investing $1.85 million. The investment will result in additional cash flows of $525,000 852.500, and $1.200,000 over the next three years. What is the payback period for this project? (Round your answer to two decimal places) 3.55 years 243 years More than 30 years 2.39 years 1.57 years None of the provided answers is correct