Green Wave, Inc. is considering the purchase of a $400 machine.The cash inflows expected from using the machine areas follows:

end of year 1120

end of year 2200

end of year 3250

What is the payback for this project?(regular payback, not discounted payback)

If the firm has a policy of only accepting projects with payback of 3 years or less, should the firm accept this project?

Show all work and if you you use calculator show all number inputed