A company is evaluating the purchase of this machine: Initial cost One-time (upfront) training cost Salvage value Useful life Projected net annual cash flows over the machine's life are: Year Net Annual Cash Flow $36,000 2 54,000 3 58,000 4 62,000 5 75,000 $114,000 17,000 19,000 5 years The company employs the cash payback method as a preliminary evaluation mechanism, adhering to a policy where the payback duration must not surpass half of the asset's estimated useful life. Given this information, should the company proceed with a more detailed assessment of the potential machine acquisition? No, because the cash payback 2.71 years is longer than half of the asset's 5-year useful life. No, because the cash payback period of 2.41 years is longer than half of the asset's 5-year useful life. Yes, because the cash payback period of 2.30 years is less than half of the asset's 5-year useful life. Yes, because the cash payback period of 2.71 years is less than the asset's 5-year useful life of the asset.