X Company must purchase a new delivery truck and is using the payback method to evaluate two possible trucks. Truck Xcosts $34,000; Truck Y costs $37,000. The useful life of both is seven years, with the following estimated operating cash flows: Year Truck X Truck Y 1 3-6,000 $7,000 2 -8,000 -4,000 3 -8.000 -3,000 4 -8.000 3,000 5 -6,000 -3,000 -5,000 -2,000 7 -4,000 -2,000 1 X Company chooses Truck Y instead of Truck X, what is the payback period (in years) E: 6 OF: OA 2 OB:3 OC:4 D: 5 Submit Answer: Tries 0/99