Acct 222 Ch12 In-class Exercise MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Dandy's Family Fun Center bought new go-karts for its recreation facility. The useful life is 7 years. The go-karts had a total cost of $4400 and will generate $1100 total cash inflows each year for the life of the go-karts. The residual value of the go-karts is $550. The payback period in years is closest to A) 4.50. B) 2.67,/C)4.00. D) 3.50