Use the information in the table below for the following 5 questions. A capital investment project is estimated to have the following after-tax cash flows, by year: 0 1 2 3 3 4 -$50,000 $15,000 $17,500 $17.500 $25,000 The company utilizes a discount rate of 20% to evaluate capital projects. You may have rounding errors in your calculations so choose the closest answer. Assume cash flows are received equally over the year. The PAYBACK for the project shown above is: Select one: O a. 3.00 years. b. Does not pay back. 0 1 2 3 4 -$50,000 $15,000 $17,500 $17,500 $25,000 The company utilizes a discount rate of 20% to evaluate capital projects. You may have rounding errors in your calculations so choose the closest answer. Assume cash flows are received equally over the year. The PAYBACK for the project shown above is: Select one: O a. 3.00 years. O b. Does not pay back. O c. 3.66 years. O d. 3.15 years. O e. 2.16 years