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7:05 XYZ is thinking about buying some new stuff that costs $432,000 and has a life of 5 years with no salvage value. The incremental

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7:05 XYZ is thinking about buying some new stuff that costs $432,000 and has a life of 5 years with no salvage value. The incremental income and cash flows that would be generated are: Incremental Net Incremental Operating Net Cash Income Plows Year 1 $73,000 $151,000 Year 2 $79,000 $158,000 Year 3 $90,000 $175,000 Year 4 $53,000 $155,000 Year 5 $95,000 $157,000 Assume cash flows occur at the same rate throughout the year except for the initial Investment The payback period of this investment is closest to (Round your answer to decimal place) Multiple Choice 2.1 years 5.0 years 4.3 years 2.7 years

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