QUESTION 24 Basso Company is considering the purchase of a new equipment for $320,000. The equipment has no residual value and net cash inflows for four years are: Year 1 Year 2 Year 3 Year 4 $100,000 150,000 140,000 200,000 What is the cash payback period for the investment? a. 2.5 years. b.2.75 years. O c. 2 years. d. 3 years