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Nano Specialist is considering an upgrade project. The estimated cash flows from the upgrade project appear below. What is the project's payback period? Note that

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Nano Specialist is considering an upgrade project. The estimated cash flows from the upgrade project appear below. What is the project's payback period? Note that year 0 and year 1 cash flows are negative. (Answer in years, round to 2 places) Year0cashflow=89,000Year1cashflow=45,000Year2cashflow=16,000Year3cashflow=28,000Year4cashflow=27,000Year5cashflow=29,000Year6cashflow=24,000Year7cashflow=32,000

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