Cash Payback 1 pts Root's Shipping Company is considering an investment of $144.900 in new equipment. Initial Investment $144,900 Estimated Useful Life 10 years Estimated Salvage Value -0- Estimated Annual Cash Flows Cash Inflows from customers $200,000 Cash outflows for operating costs $179.000 Net Annual Cash Flow $21,000 Compute the Cash Payback period: 8.0 years 6.9 years 7.0 years 5.42 years Question 38