Vandezande Inc. is considering the acquisition of a new machine that costs $455,000 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 Net Operating Income $63,000 $69,000 $80,000 $43,000 $85,000 Incremental Net Cash Year 1 Year 2 Year 3 Year 4 Year 5 Flows $146,000 $150,000 $175,000 $145,000 $147,000 Assume cash flows occur uniformly throughout a year except for the initial investment. The payback period of this investment is closest to: KPrev 20 of 25 Next >