Vandezande Inc. is considering the acquisition of a new machine that costs $461,000 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. Year 1 Year 2 Year 3 Year 4 Year 5 Incremental Net Operating Income $69,000 $75,000 $86,000 $49,000 $91,000 Incremental Net Cash Flows $149,000 $150,000 $181,000 $151,000 $153,000 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 2.0 years o oo 5.0 years 0 41 years Vandezande Inc. is considering the acquisition of a new machine that costs $461,000 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.): Year 1 Year 2 Year 3 Year 4 Year 5 Incremental Net Operating Income $69,000 $75,000 $ 86,000 $49,000 $91,000 Incremental Net Cash Flows $149,000 $150,000 $ 181,000 $ 151,000 $153,000 Assume cash flows occur uniformly throughout a year except for the initial investment