The payback period in years (rounded to 2 decimal places) for Project X is

Porter Company iS analyzing two potential investm Project X proj ect Y Initial investment Net cagh flow: year 1 year 2 year 3 year 4 $ 100,500 33,500 33,500 33,500 $ 79,000 5,900 35,500 35,500 20, ooo The payback period in years (rounded to 2 decimal places) for Project X is: