Hayden Company is considering the acquisition of a machine that costs $461,000. The machine is expected to have a useful life of 6 years, a negligible residual value, an annual net cash inflow of $92,000, and annual operating income of $78,200. The estimated cash payback period for the machine is (round to one decimal place) a. 5.9 years b. 1.2 years c. 5.0 years d. 7.1 years