$($Click the icon to view the future cash flows.$)$

The NPV of the investment is $$37,016.$ Active Mama has just heard about payback period and IRR. Assume the CCA rate is $20\%$ and refer to the relevant cash flows.

Required

Requirement $1.$ Calculate the payback period. $($Round your final answer to two decimal places.$)$

The payback period of the investment is year$($s$)$

Future cash flows