Heidi Company is considering the acquisition of a machine that costs $479,000. The machine is expected to have a useful life of 6 years, a negligible residual value, an annual net cash inflow of $119,000, and annual operating income of $87,760. The estimated cash payback period for the machine is (round to one decimal point) a. 5.0 years b. 5.5 years c. 5.5 years d. 4.0 years

Heidi Comparty is considering the acquisition of a machine that costs $479,000. The machine is expected to have a useful life of 6 year3, a negligtole residual value, an annual net cash infiow of $119,000, and annual operating income of $87,760. The estimated cash payback period for the machine is (round to one decimal point) 2. 50 years b. 5.3 year e. 5.5 yearn d. 4.0 yean