Baldock Inc. is considering the acquisition of a new machine that costs $420,000 and has a useful life of 5 years with no salvage value. The incremental net operating income and incremental net cash flows that would be produced by the machine are 561000 $45.000 $150,000 $162,000 $125.000 $167000 Assume cash flows occur uniformly throughout a year except for the initial investment The payback period of this investment is closest to O 28 years O 19 years O 50 years 3.2 years