You have been presented with the following data for project A:

Year $0$

Cost

$$250,000$

$1$

Net Cash Flow After Tax

$$80,000$

$2$

Net Cash Flow After Tax

$$120,000$

$3$

Net Cash Flow After Tax

$$100,000$

$4$

Net Cash Flow After Tax

$$60,000$

$5$

Net Cash Flow After Tax

$$80,000$

The payback period for project A will be:

a$.$

$2\mathrm{.}5$ Years

b$.$

$2\mathrm{.}2$ years

c$.$

$3$ Years $6$ Months

d$.$

$2$ Years