Vandezande Inc. is considering the acquisition of a new machine that costs $361,000 and has a useful life of 5 years with no salvage value. The incremental net operating income and incremental net cash flows that would be produced the machine are (Ignore income taxes.): Year 1 Year 2 Year 3 Year 4 Year 5 Incremental Net Operating Income $68,000 $74,000 $85,000 $48,000 $90,000 Incremental Net Cash Flows $151,000 $150,000 $178,000 $150,000 $152,000 Assume cash flows occur uniformly throughout a year except for the initial investment. The payback period of this investment is closest to: (Round your answer to 1 decimal place.)