Heidi Company is considering the acquisition of a machine that costs $341,000. The machine is expected to have a useful life of 6 years, a negligible residual value, an annual net cash inflow of $104,000, and annual operating income of $85,341. The estimated cash payback period for the machine is (round to one decimal point) a. 4.0 years Ob. 4.5 years O c. 4.0 years O d. 3.3 years

Heidi Company is considering the acquisition of a machine that costs $341,000. The machine is expected to have a useful life of 6 years, a negligible residual value, an annual net cash inflow of $104,000, and annual operating income of $85,341. The estimated cash payback period for the machine is (round to one decimal point) a 4.0 years b. 4.5 years c. 4.0 years d. 3.3 years