Vandezande Inc. is considering the acquisition of a new machine that costs $370,000 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 $54,000 $31,000 $52,000 $49,000 $48,000 Incremental Net Cash Flows $128,000 $105,000 $126,000 $123,000 $122,000 Year 1 Year 2 Year 3 ear 4 Year 5 Assume cash flows occur uniformly throughout a year except for the initial investment. The payback period of this investment is closest to: