X Company must purchase a new delivery truck and is using the payback method to evaluate two possible trucks. Truck X costs $33,000; Truck Y costs $41,000. The useful life of both is seven years, with the following estimated operating cash flows: Year 1 2 3 Truck X $-6,000 -8,000 -8,000 -8,000 -6,000 -5,000 -4,000 Truck Y $-7,000 -4,000 -3,000 -3,000 -3,000 -2,000 -2,000 4 5 6 7 If X Company chooses Truck Y instead of Truck X, what is the payback period in years)? Submit Answer Tries 0/3