Gateway Graphics is considering an investment in new printing equipment costing $504,000. The equipment will be depreciated on a straight - line basis over a five - year life and is expected to generate net cash inflows of $140,000 the first year, $152,000 the second year, and $150,000 every year thereafter until the fifth year. What is the payback period for this investment? The residual value is zero. (Round your answer to two decimal places.) . . . O A. 3.41 years O B. 2.6 years O c. 2.53 years O D. 4.4 years