Suppose a company had an initial investment of $$45,000.$ The cash flow for the next five years are $$14,000,$$$12,000,$$$12,000,$$$14,000,$ and $$14,000,$ respectively.

In which year will the company recover its initial investment? $($Enter only whole numbers$)$

How much extra money beyond the initial investment will the company earn in that year?

What is the payback period?

$($Enter your answer rounded to $2$ DECIMAL PLACES$)$