Ne 14 (4 Points) Payback Period -A project has an initial cost of $50,000 and expected cash inflows of $12,000, $15,000, $20,000 and $17.500 ov Years 1 to 4, respectively. What is the Payback period of the Project? Value to Recover Year 0 1 2 3 4 5 $ S $ $ Cash Flows (50,000.00 12,000.00 15,000.00 20,000.00 17.500.00 Payback Period 3.00