Your answer is partially correct. Pronghorn's Custom Construction Company is considering three new projects, cach requiring an equipment investment of $24,860. Each project will last for 3 ycars and produce the following net annual cash flows. Year 1%7,910 $11,300 $14,690 2 10,170 00 13,560 3 13,560 11,300 12,430 Total $31,640 S33,900 $40,680 The equipment's salvage value is zero and Pronghorn uses s ragh ine depreciat on. Pron no n wil no accep any project with a cas payback period over 2 years. Pro homs u rate o re um s Compute each project's payback period. (Round answers to 2 decimal places, e.g. 15.25) 2.5 years 2.2 years 1.83 years