Malive Park Department is considering a new capital investment The following information is available on the nvestment. The cost of the machine will be $149,000. The annual cost savings if the new machine is acquired will be 585,000 . The machine will have a 9 - year life, at which time the terminal disposal value is expected to be zero. Malive Park is assuming no tax consequences. Malive Park has a 14% required rate of return. What is the payback period for the investment? A. 3.5 years B. 1.8 years C. 0.8 years D. 9 years