I need help please

Exercise 11-1 Payback period computation; uneven cash flows LO P1 Beyer Company is considering the purchase of an asset for $220,000. It is expected to produce the following net cash flows. The cash flows occur evenly throughout each year Net cash flows Year 1 $63,000 Year 2 $34,000 Year 3 $63,000 Year 4 $150,000 Year 5 $27,000 Total $337,000 Compute the payback period for this investment (Cumulative net cash outflows must be entered with a minus sign. Round your Payback Period answer to 2 decimal places.) Year Cash inflow (outflow) $ (220,000) Cumulative Net Cash Inflow (outflow) 0 Payback period