Kingbird Inc. is contemplating a capital investment of $98000. The cash flows over the project's four years are: Expected Annual Expected Annual Year 1 2 3 Cash Inflows $36000 59000 73000 50000 Cash Outflows $16000 25000 30000 40000 4 The cash payback period is 3.42 years 3.04 years 2.07 years 3.10 years