Year Item Cash flow 0 Cost of machine (50,000) 1 Net cash flow from sales 22,000 2 Net cash flow from sales 22,000 3 Net cash flow from sales 20,000 A company uses a cost of capital of 10%. Assume all cash flows accrue evenly through the year. What is discounted payback of the data above: O a. 1 year 4 months O b. 2 years 4 months O c. 2 years 10 months O d. 1 year 10 months