Milling, Inc. is considering a new milling machine. The machine costs $125,000. They can receive a $15,000 trade in allowance for the old milling machine. The new machine can be used to generate $35,500 in annual revenue. Cash operation expenses are estimated to be $14,500 per year. The machine has a useful life of 15 years and annual depreciation expense would be $9,500. The company has a 10% minimum rate of return. What is the payback period of the new machine? O 9.565 years 5.952 years O 5.238 years O 10.869 years