You just finished your Managerial Accounting final exam and think you have found your life's calling. You loved it so much that you decide to start a tutoring business to help others enjoy this adventure. You estimated your annual cash flow would be $50,000 in the first year and you would have to invest $65.000 in building space and a computer. What would your payback period be? 6 months 1.3 years 1 year 2 years