Brian's Sports, based out of Vancouver, produces high$-$performance ski jackets.

They are extremely popular and Brian wants to expand her operation to include ski pants and mitts.

To do so$,$ he will need a special sewing machine that can exclusively manufacture this new wear.

Here are the numbers:

The machine would cost $$601306$ and would have a useful life of $10$ years.

It is predicted that the machine will generate $$102014$ in net cash flow every year.

Calculate the payback period for the sewing machine. Conclude whether or not the machine would be purchased if its maximum desired payback period is $5\mathrm{.}5$ years.

Select one:

a$.$

Yes, the sewing machine should be purchased because the payback is above $5\mathrm{.}5$ years.

b$.$

No$,$ the sewing machine should not be purchased because the payback is above $5\mathrm{.}5$ years.

c$.$

No$,$ the sewing machine should not be purchased because the payback is below $5\mathrm{.}5$ years.

d$.$

Yes, the sewing machine should be purchased because the payback is below $5\mathrm{.}5$ years.