Sweet Acacia Company is considering a long-term investment project called ZIP. ZIP will require an investment of $145,875. It will have a useful life of four years and no salvage value. Annual cash inflows would increase by $80,800, and annual cash outflows would increase by $41,900. Calculate the cash payback period. (Round answer to 2 decimal places, e.g. 10.50.) years eTextbook and Media