Payback period. What are the payback periods of projects E,F,G and H in the following table: ? Assume all the cash flow is evenly spread throughout the year. If the cutoff period is 3 years, which projects do you accept? What is the payback period for project E ? years (Round to two decimal places.) \begin{tabular}{|l|r|r|r|r|} \hline Cash Flow & E & F & G & H \\ \hline Cost & $40,000 & $250,000 & $75,000 & $100,000 \\ \hline Cash flow year 1 & $10,000 & $40,000 & $20,000 & $30,000 \\ \hline Cash flow year 2 & $10,000 & $120,000 & $35,000 & $30,000 \\ \hline Cash flow year 3 & $10,000 & $200,000 & $40,000 & $30,000 \\ \hline Cash flow year 4 & $10,000 & $200,000 & $40,000 & $20,000 \\ \hline Cash flow year 5 & $10,000 & $200,000 & $35,000 & $10,000 \\ \hline Cash flow year 6 & $10,000 & $200,000 & $20,000 & $0 \\ \hline \end{tabular}