Sheridan Corporation is considering purchasing another machine for its manufacturing operations. The machine would cost $400,200. It would have an estimated life of five years with no salvage value. The company estimates that annual cash inflows would increase by $200,000 and that annual cash outflows would increase by $85,000. Calculate the cash payback period. (Round answer to 2 decimal places, e.g. 15.25.) Cash payback period years Save for Later Attempts: 0 of 1 used Submit