Sheffield Inc. is considering purchasing a machine that costs $193000 and is estimated to have no salvage value at the end of its 4-year useful life. The straight-line method of depreciation is to be used. Projected annual cash inflows and outflows are as follows: Expected Annual Expected Annual Year Cash Inflows Cash Outflows 1 $78000 $21000 2 96000 31000 3 105000 34000 84000 26000 The cash payback period is 2.59 years. O 3.00 years. O 2.25 years. O 3.20 years.