Pearl Manufacturing Company provides glassware machines for major department store retailers. The company has been investigating a new piece of machinery for ts production department. The old equipment has a remaining life of nine years an additional cash inflows are $83,000 per year What is the payback period for this investment? d the new equipment has a value of $269,400 with a nine-year life. The expected O A. 22 years B. 32 years O C. 9 years OD. 42 years