Oriole Solutions, Inc., has just invested $3,689,400 in new equipment. The firm uses a payback period...

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Oriole Solutions, Inc., has just invested $3,689,400 in new equipment. The firm uses a payback period criterion of rejecting any project that takes more than four years to recover its costs. Management anticipates cash flows of $788,400, $1,012,200, $823,000, $1,051,700, $2,231,700, and $2,465,500 over the next six years. (Round answer to 2 decimal places, e.g. 15.25.) What is the payback period of this investment? Payback period is years. Should Oriole Solutions, Inc. go ahead with this project? The firm > the project. Oriole Solutions, Inc., has just invested $3,689,400 in new equipment. The firm uses a payback period criterion of rejecting any project that takes more than four years to recover its costs. Management anticipates cash flows of $788,400, $1,012,200, $823,000, $1,051,700, $2,231,700, and $2,465,500 over the next six years. (Round answer to 2 decimal places, e.g. 15.25.) What is the payback period of this investment? Payback period is years. Should Oriole Solutions, Inc. go ahead with this project? The firm > the project.