Build Corporation wants to purchase a new machine for $330,000. Management predicts that the machine can produce sales of $210,000 each year for the next 5 years. Expenses are expected to include direct materials, direct labor, and factory overhead (excluding depreciation) totaling $80,000 per year. The firm uses straight-line depreciation with no residual value for all depreciable assets. Build's combined Income tax rate is 40% Management requires a minimum after-tax rate of return of 10% on all investments What is the present value payback period, rounded to one-tenth of a year? (Note: PV factors for 10% are as follows. year 1 = 0.909; year 2-0.826;year 3 = 0751: year 4 -0.683. year 5 -0.621; the PV annuity factor for 10%, 5 years - 3.791. Assume that annual after-tax cash inflows occur at year-end.)