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The following table indicates the net cash flows of a capital asset: Year Net Cash Flow 0 $-220,000 1 $69,000 2 $69,000 3 $69,000

The following table indicates the net cash flows of a capital asset: Year Net Cash Flow 0 $-220,000 1 $69,000 2 $69,000 3 $69,000 4 $69,000 Do not enter dollar signs or commas in the input boxes. Round your answer to 2 decimal places. Calculate the cash payback period using the formula method. Payback: years

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