Consider the following information: Project C4 COC -5,100 -900 -4,900 Cash Flows ($) C2 C3 1,100 1,100 2,900 0 800 2,100 3,700 1,500 600 B C 3,100 100 a. What is the payback period on each of the above projects? (Round your answers to 2 decimal places.) Project Payback Period 3.00 year(s) 2.05 year(s) year(s)