Chapter 11 question 1Beyer company is considering the purchase of an asset of $280,000. It expected to produce the following net cash flows. The cash flows occur evenly within each year I'm confused by this

Chapter 11 Homework i Saved Help Save & Exit Sub Check my work Year 1 Year 2 Year 3 Year 4 Year 5 Total Net cash flows $68,000 $40,000 $74,000 $140, 000 $21, 000 $343, 000 2 Compute the payback period for this investment. (Cumulative net cash outflows must be entered with a minus sign. Round your points Payback Period answer to 2 decimal place.) Skipped Cash Inflow Cumulative Net Year (Outflow) Cash Inflow (Outflow) eBook 0 $ (280,000) Hint 2 Print 3 4 5 Payback period = Mc