Question Help Cowell Corporation is considering an investment in new equipment costing $165,000. The equipment will be depreciated on a straight-line basis over a five-year life and is expected to generate net cash inflows of $70,000 the first year, $45,000 the second year, and $65,000 every year thereafter until the fifthryear. What is the payback period for this investment? The equipment has no residual value. O A. 2.77 years OB. 1.39 years O c. 3.77 years OD. 2.42 years Click to select your