Today, Sweet Snacks is investing $491,000 in a new oven. As a result, the company expects...

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Today, Sweet Snacks is investing $491,000 in a new oven. As a result, the company expects its cash flows to increase by $64,000 a year for the next two years and by $98,000 a year for the following three years. How long must the firm wait until it recovers all of its initial investment? A 3.97 years B 4.18 years (C) 4.46 years D) 4.70 years (E) The project never pays back. Today, Sweet Snacks is investing $491,000 in a new oven. As a result, the company expects its cash flows to increase by $64,000 a year for the next two years and by $98,000 a year for the following three years. How long must the firm wait until it recovers all of its initial investment? A 3.97 years B 4.18 years (C) 4.46 years D) 4.70 years (E) The project never pays back.