Dandy's Family Fun Center bought new go - karts for its recreation facility. The useful life is 7 years. The go-karts had a total cost of $4,400 and will generate $1,100 total cash inflows each year for the life of the go-karts. The residual value of the go-karts is $550. The payback period in years is closest to A. 4.00. OB. 4.50. O C. 3.50. OD. 2.67