Calculate the payback period for CC Corporation's new project. if its initial after tax cost is $5,000 and it is expected to provide operating cash inflows of $1,800 in year 1, $1,900 in year 2, $1,100 in year 3 and $1,800 in year 4. Firstly fill out the blanks in the following table, that is to compute the project's cumulative cash flow in each year, and then calculate its payback time. (you ONLY need to show your work in the calculation of the payback time) year 2 initial time year 1 annual cash - $5000 $1800 flow cumulative cash flow year 3 year 4 $1100 $1800 $1900