Robinson Hardware is adding a new product line that will require an investment of $$1,510,000.$ Managers estimate that this investment will have a $10-$year life and generate net cash inflows of $$320,000$ the first year, $$295,000$ the second year, and $$230,000$ each year thereafter for eight years. The investment has no residual value. Compute the payback period.

First enter the formula, then calculate the payback period. $($Round your answer to two decimal places.$)$

$\backslash$table$[[$Full years, Amount to complete recovery in next year,$,$Projected cash inflow in next year,$)=,$Payback$],[,,,,1=,$years$]]$