te US Robotics is evaluating a new product line. The CFO asks for an estimate of number of years to recover the initial investment, ignoring the time value of money. You realize that this is the payback period. The estimated cash flows from the new product line appear below. (Answer in years, round to 2 places) of Year 0 cash flow = -89,000 Year 1 cash flow = -43,000 Year 2 cash flow = 25,000 Year 3 cash flow = 41,000 Year 4 cash flow = 32,000 Year 5 cash flow = 37,000 Year 6 calih flow = 27,000 Year 7 cash flow = 26,000 What is the payback period on the proposed phone app for a favorite sports team? The estimated cash flows appear below. (note: payback is in years; round to 2 decimals) out Year 0 cash flow = -90,000 Year 1 cash flow = -19,000 Year 2 cash flow = 52,000 Year 3 cash flow = 49,000 Year 4 cash flow = 54,000 Year 5 cash flow = 47,000 Year 6 cash flow = 55,000 Answer: 2.39 X