A company with $750,000 in operating assets is considering the purchase of a machine that costs $82,000 and which is expected to reduce operating costs by $28,000 each year. These reductions in cost occur evenly throughout the year. The payback period for this machine in years is closest to (Ignore income taxes.): (Round your answer to 1 decimal place.) Multiple Choice 0.34 years 2.9 years 9.1 years 26.8 years