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Sky High Company is considering the purchase of an investment of $250,000. Data related to the investment are as follows: Year 1 cash flows $133,000

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Sky High Company is considering the purchase of an investment of $250,000. Data related to the investment are as follows: Year 1 cash flows $133,000 Year 2 cash flows $137,000 Year 3 cash flows $125,000 Year 4 cash flows $130,000 Salvage value of new investment $25,000 Proceeds from disposal of old investment $22,000 Investment in working capital $14,000 What is the pretax payback period? 2.1 years 1.9 years 2.0 years 1.8 years

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