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II. Payback period computation; uneven cash flows Wenro Company is considering the purchase of an asset for $90,000. It is expected to produce the following

II. Payback period computation; uneven cash flows Wenro Company is considering the purchase of an asset for $90,000. It is expected to produce the following net cash flows. The cash flows occur evenly throughout each year. Compute the payback period for this investment. Year 1 Year 2 Year 3 Year 4 Year 5 Total Net cash Flows $30,000 $20,000 $30,000 $60,000 $19,000 $159,000

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