IronZee Industries is adding a new product line that will require an irvestment of $1,487,300. It is estimated this investment will have a 10-year life and will generate net cash intlows of $330,000 the first year, $291,000 during the second year, and $268,000 each year thereafter for 8 years. Compute the payback period. Round to two decimal places. IronZee Industries is adding a new product line that will require an irvestment of $1,487,300. It is estimated this investment will have a 10-year life and will generate net cash intlows of $330,000 the first year, $291,000 during the second year, and $268,000 each year thereafter for 8 years. Compute the payback period. Round to two decimal places