Ch 11 x 11-1 11-10 YouTube Saved Help Save & Exit Check Exercise 11-1 Payback period computation; uneven cash flows LO P1 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. Net cash flows Year 1 $50,000 Year 2 $36,000 Year 3 $60,000 Year 4 $130,000 Year 5 $24,000 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.) mes Year Cash inflow (Outflow) Cumulative Not Cash Inflow (Outflow) $ (250,000) Payback period