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Susan is considering adding toys to her gift shop. She estimates that the cost of inventory will be $ 9 , 0 0 0 .

Susan is considering adding toys to her gift shop. She estimates that the cost of inventory will be $9,000. The remodeling expenses and shelving costs are estimated at $700. Toy sales are expected to produce net cash inflows of $2,400, $2,600, $4,400, and $4,400 over the next four years, respectively. What is the payback period? (Please round to three decimal places). Think about the feasibility if she assigns a four-year payback period to this project.

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