Kyler Products is considering acquiring a manufacturing plant. The purchase price is $1,854,150. The owners believe the plant will generate net cash inflows of $309,025 annually. It will have to be replaced in eight years. To be profitable, the investment's payback period must occur before the investment's replacement date. Use the payback method to determine whether Kyler Products should purchase this plant. First enter the formula, then calculate the payback period. Determine whether Kyler should purchase this plant. The payback occurs Payback period years the plant must be replaced, so the payback method purchasing the plant