Check my work 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. 16.66 points 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 eBook 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.) Hint Print Year Cash Inflow (Outflow) Cumulative Net Cash Inflow (Outflow) References 0 $ (250,000) Payback period =