Question 3 Not yet answered Marked out of 1.00 Flag question Tsangoni Ltd obtained information for a project which it intends choosing. The following details are available: Cash outlay-R600?000, Economic Life- 4 years, Average annual net cash inflow over the economic life- R280000, Depreciation- R150000, Average annual profits- R130000. Determine the payback period for the project. OA. 2 years and 24 days B. 2 years 6 months and 4 days O C. 3 years D. 2 years 2 months