Vandezande Inc. is considering the acquisition of a new machine that costs $429,000 and has a useful life of 5 years with no salvage value. The incremental net operating income and incremental net cash flows that would be produced by the machine are (Ignore income taxes.): Incremental 8 00:29:21 Year 1 Year 2 Year 3 Year 4 Year 5 Net Operating Income $70,000 $76,000 $87,000 $50,000 $92,000 Incremental Net Cash Flows $152,000 $ 155,000 $ 165,000 $152,000 $154,000 Assume cash flows occur uniformly throughout a year except for the initial investment. The payback period of this investment is closest to: (Round your answer to 1 decimal place.) Multiple Choice o 2.1 years o 5.0 years o O 43 years 4.3 years o 2.7 years 2.7 years