The Three Stages partnership is considering three long-term capital investment proposals. Each investment has a useful life of five years. Relevant data on each project are as follows: Project Main $171,000 Project Odyssey $182,400 Project Duo $220,000 Capital investment: Annual net income: Year 1 $14,820 $20,520 $30,780 2 14,820 19,380 25,080 14,820 18,240 23,940 4 14,820 13,680 14,820 5 14,820 10,260 13,680 Total $74,100 $82,080 $108,300 Depreciation is calculated by the straight-line method and there is no salvage value. The company's cost of capital is 15%. (Use average net annual cash flows in your calculations.) (a) Calculate the cash payback period for each project. (Round answers to 2 decimal places, e.g. 15.25.) Payback period Project Main years Project Odyssey years Project Duo years