Guerilla Radio Broadcasting has a project available with the following cash flows :

Year Cash Flow

$0$$ $14,800$

$16,100$

$27,400$

$35,100$

$44,700$

What is the payback period?

Multiple Choice

$2\mathrm{.}25$ years

$1\mathrm{.}75$ years

$2\mathrm{.}51$ years

$3\mathrm{.}00$ years

$2\mathrm{.}63$ years