Sandra Limited has an opportunity to invest in a new high-speed motor that costs $75,000 to be paid at present. The Sandra Limited will generate cash flows of $37,500 one year from now, $30,000 two years from now, and $22.500 three years from now. The motor will be worthless after three years, and no additional cash flows will occur. The Sandra Limited has determined that the appropriate discount rate is 10 percent for this investment. Identify the payback period. Also show working with appropriate time line