Values in the table area cash flows in that year. The projects are independent of each other. The required rate of return for all projects is 13%. Year 1 Year 0 Year 2 Year 3 Year 4 Year 5 Project April $0 $6,000 $1,000 $0 ($1,000) ($21,000) ($5,120) $0 $0 $6,000 $0 $1,900 $6,000 $2,000 $6,000 $1,000 $6,000 $2,000 Project June Project July Which of the following comes closest to the payback of Project July? Select one: . years b. 4 years c. 5 Years d. More than 5 Years e. Undefined - there is no payback for this project