Arrendo, Inc. is evaluating two possible investments in depreciable plant assets. The company uses the straight-line method of depreciation. The following information is available: Investment B Initial capital investment Estimated useful life Investment A $107,000 $159,000 10 years 10 years 0 $26,000 $28,000 10% $46,000 14% Estimated residual value Estimated annual net cash inflow for 10 years Required rate of return Calculate the payback period for Investment B. (Round your answer to two decimal places.) A. 2.89 years B. 3.46 years C. 1.94 years D. 3.82 years