Robinson Hardware is adding a new product line at will require anvestment of $1,454,000. Managers estimate that this investment will have a 10 years and generate net cash $280.000 the second year, and $230,000 each year thereafter for eight years Compute the payback period. Round to one decimal place flows of $330.000 the first year The payback is D years Robinson Hardware is adding a new product line that will require an investment of $1,454,000. Managers estimate that this investment will have a 10 year ife and generate net cash inflows of $330.000 the first year $280,000 the second year, and $230,000 each year thereafter for eight years, Compute the payback period. Round to one decimal place The payback is years