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The Indian Football Association just purchased a new ticket management system at a cost of $29,800. The hope is that fans will be able to

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The Indian Football Association just purchased a new ticket management system at a cost of $29,800. The hope is that fans will be able to buy there tickets for upcoming games more quickly and easily. Cost savings from the investment over the next three years will produce the following cash inflows: Year 1-510,400, Year 2- 515,300, Year 3- 512,700. What is the project's payback? 1.69 years O 1.77 years O 1.91 years O 2.30 years 2.32 years

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