Question: Please provide the correct answer, I will upvote the correct answer. Thank you! Hayden Company is considering the acquisition of a machine that costs $403,000.

Please provide the correct answer, I will upvote the correct answer. Thank you!

Hayden Company is considering the acquisition of a machine that costs $403,000. The machine is expected to have a useful life of six years, a negligible residual value, an annual net cash flow of $88,000, and annual operating income of $74,800. What is the estimated cash payback period for the machine (round to one decimal points)? Oa. 6.6 years Ob. 4.6 years Oc. 5.4 years Od. 1.2 years

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