Safis Gluten-free bakery is thinking of buying a hybrid electric vehicle that will allow them to deliver fresh hot baked goods for $57,000. The vehicle is expected to save the company money in gas and earn an extra profit totaling $9,950 per year for 8 years. After that, the car will need to be replaced. Their current cost of capital is 5%. What is the payback of this project? 6.00 None of these 573 1.75 5.00