The management of Anderson Corporation is considering the purchase of a new machine costing $490,000. The company's desired rate of return is 10%. The present value factors for $1 at compound interest of 10% for 1 through 5 years are 0.909, 0.826, 0.751, 0.683, and 0.621, respectively. In addition to the foregoing information, use the following data in determining the acceptability: Operating Net Cash Income Flow Year 1 $100,000 $180,000 2 40,000 120,000 3 40,000 100,000 10,000 90,000 10,000 120,000 The cash payback period for this investment is 3 years 4 years 5 years 2 years