Clarinet Publishing is considering the purchase of a used printing press costing $38,400. The printing press would generate a net cash inflow of $20,000 a year for 5 years. At the end of 5 years, the press would have no salvage value. The company's cost of capital is 10 percent. The investment's payback period in years (rounded to two decimal points) is: 2.56 ? 2.13 O 1.92 3.00