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Question 19 4 pts Able Inc. is analyzing a project. It has the following information: Cost: $61,177 Net Cash Inflows: Year 1: 5,000 Year 2:

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Question 19 4 pts Able Inc. is analyzing a project. It has the following information: Cost: $61,177 Net Cash Inflows: Year 1: 5,000 Year 2: 25,000 Year 3: 25,000 Year 4: 9,655 What is the payback period for this project? Round your answer to the nearest two decimal places

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