Bradshaw Inc The Cash Payback Period Is
A)3

Bradshaw Inc.is contemplating a capital investment of $88000.The cash flows over the project's four years are: $\begin{array} { c c c } \text { Expected Annual } & \text { Expected Annual } & \\\underline{\text { Year }} & \underline{ \text { Cash Inflows }} & \underline{\text { Cash Outflows }} \\1& \$ 30,000 & \$ 12,000 \\2 & 45,000 & 20,000 \\3 & 60,000 & 25,000 \\4& 50,000 & 30,000\end{array}$ The cash payback period is

A) 3.59 years.
B) 3.50 years.
C) 2.37 years.
D) 3.20 years.