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It will cost $9,000 to acquire an ice cream cart that is expected to produce cash inflows of $2,500, $3,000, and $4,000 for years 1

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It will cost $9,000 to acquire an ice cream cart that is expected to produce cash inflows of $2,500, $3,000, and $4,000 for years 1 through 3, respectively. After the three years, the cart is expected to be worthless. What is the payback period? 2.57 years 2.67 years 0 2.50 years 2.88 years 2.82 years

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