capital investment decisions

Nubela Manufacturing is considering two alternative investment proposals with the following data: Proposal X Proposal Y Investment $11.100,000 $560,000 Useful life 5 years 5 years Estimated annual net cash inflows for 5 years $2.220.090 $104,000 Residual value $52,000 $22.000 Depreciation method Straight - line Straight = line Required rate of return 14% 13% Calculate the payback period for Proposal X. O A. 9 years O B. 5 years O C. 8 years O D. 4 years