Need help filling in the right side. Please show calculations

Beyer Company is considering the purchase of an asset for $310,000. It is expected to produce the following net cash flows. The cash flows occur evenly within each year. Total Year 1 $80,000 40,000 $70,000 $250,000 $18,000 $458, 000 Year2 Year3 Year4 Year 5 Net cash flows Compute the payback period for this investment. (Cumulative net cash outflows must be entered with a minus sign. Round your Payback Period answer to 2 decimal place.) Cash inflow (Outflow) Cumulative Net Cash Inflow (Outflow) Year $ (310,000) 80,000 40,000 70,000 250,000 18,000 2 4. Payback period