Whispering Winds Inc. is contemplating a capital investment of $78000. The cash flows over the project's four years are: Expected Annual Expected Annual Year Cash Inflows Cash Outflows 1 $40000 $13000 2 32000 17000 3 40000 22000 4 50000 20000 The cash payback period is 2.33 years. 3.15 years. 3.60 years. 3.71 years