MC Qu. 25 (Ignore income taxes in this problem.) A company... (Ignore income taxes in this problem.) A company with $840,000 in operating assets is considering the purchase of a machine that costs $88,000 and which is expected to reduce operating costs by $20,000 each year. These reductions in cost occur evenly throughout the year. The payback period for this machine in years is closest to: O 4.4 years 9.5 years O 0.23 years O 42 years