Please help out with this finance question. Thank you very much.

1 pulnts Save Answer Bujllrite has estimated their cost of capital is 12% and they are considering the purchase of a machine with the following cap' 11 get: Initial Investment $62,000 mm mm RATFCF Year 3 $30,000 What is the machine's payback period? f\" 2.07 years .'_\" 2.92 years .'_\" 2.52 years r-x .- _ 1.91 yea rs