Any help as to how I can go about determining the projects payback period?

Required information The Foundational 15 [LO13-1, LO13-2, LO13-3, LO13-5, LO13-6] [The following information applies to the questions displayed below. ] Cardinal Company is considering a ve-year project that would require a $2,750,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 18%. The project would provide net operating income in each of five years as follows: Sales $2,849,000 Variable expenses 1,122,000 Contribution margin 1,727,000 Fixed expenses: Advertising, salaries, and other fixed outofpooket costs $752,000 Depreciation 550,000 Total fixed expenses 1,302,000 Net operating income $ 425,000 Click here to view Exhibit 13B1 and Exhibit 1382, to determine the appropriate discount factor(s) using table. \\ Foundational 13-7 7. What is the project's payback period? (Round your answer to 2 decimal places.)