The Theta Healthcare Group of Richardson has the following cash flow projected over the next 5 years for an X-Ray machine:

Years 0 1 2 3 4 5

Investment ($80,000)

Operating Cash Flow ($1,000) $35,000 $48,000 $55,000 $55,000

In which year does the Theta X-ray machine reach PAYBACK?

		Year 5
		Year 4
		Year 3
		Year 2
		Year 1