Sheridan Corp. is considering the purchase of a piece of equipment that costs $20000. Projected net annual cash flows over the project's life are: Year Net Annual Cash Flow $8000 2 10000 10000 7000 The cash payback period is O 2.20 years. 1.95 years. O 2.50 years. O 2.55 years. Click if you would like to show Work for this questioni Open Show Work