Payback: Quebec Ltd is purchasing machinery ata cost of $4,424,766. The company expects, as a result, cash flowsof $751,751, $1,196,086, and $2,756,146 over the next three years.The payback period is
years.
(Round your answer to 2 decimal places. Allintermittent calculations should be rounded to 4 decimal placesbefore carrying to next calculation.)
