Sunland Corporation is reviewing an imvestment proposal. The schedule below presents the initial cost and estimates of the book value of the investment at the end of each year, the net cash flows for each year, and the nct income for each year. All cash flows are. assumed to take place at the end of the year. The imvestment's salvage value at the end of each year is equal to its book value. There would be no salvage value at the end of the investment's life. Sunland Corporation uses a 15% tarjet rate of eeturn for new investment proposals What is the cash payback period for this proposal? (Round answer to 2 decimal places, e. . 12.52) Attempts: 0 of 1 used (b) (c)