Hookey Company is considering purchasing a new capital asset. Find below the relevant information: Purchase price $12,000 Cash sales to be generated annually $3,200 Decreased operating costs (annually) $200 Annual maintenance costs $150 The asset is advertised to last for 10 years, the company expects to use it for 5 years. What is the payback period for the asset? O 5 years O 10 years O 4.2 years O 3.7 years