Question 41 of 50 -76 View Policies Current Attempt in Progress Sunland, Inc. plans to purchase equipment with a cost of $128000. The company expects annual net cash inflows from the equipment of $28200. The equipment has an estimated life of 8 years, no estimated salvage life, and a required rate of return is 6%, The payback period for the equipment is closest to 1.0 year. O 15 years 45 years 80 years Santor Attempts: 0 of 1 used Submit Answer OLE