Blossom Company is considering the purchase of a machine with an estimated useful life of 5 years with the following data: Initial cost $200000 One-time training cost 24800 Annual maintenance costs 20000 Annual cost savings 100000 Salvage value 26000 The cash payback period is 2.66 years. 2.81 years. 2.50 years. 2.28 years. Save for Later Attempts: 0 of 1 used Submit