The Zingstad Corporation is considering an investment with the following data (Ignore income taxes.): Year 3 Year 4 Year 5 Investment Cash inflow Year 1 $ 32,000 $ 8,000 Year 2 $12,000 $ 8,000 $20,000 $16,000 $ 16,000 Cash inflows occur evenly throughout the year. The payback period for this investment is: Multiple Choice o 30 years 3.0 years 3.5 years O 4.0 years o 4.5 years