What is the payback period on the proposed phone app for a favorite sports team? The estimated cash flows

appear below. $($note: payback is in years; round to $2$ decimals$)$

Year $0$ cash flow $=-94,000$

Year $1$ cash flow $=-23,000$

Year $2$ cash flow $=49,000$

Year $3$ cash flow $=49,000$

Year $4$ cash flow $=55,000$

Year $5$ cash flow $=47,000$

Year $6$ cash flow $=47,000$