Hayden Company is considering the acquisition of a machine that costs $340,000. The machine is expected to have a useful life of 6 years, a negligible residual value, a annual net cash flow of $87,000, and annual income from operations of $73,950. What is the estimated cash paybeck period for the machine?
a 4.6 years
b. 12 year
C. 5.8 years
d. 3.9 yars