The Manager at Shriver Industrial,a Laundry Detergent Manufacturer,needs to Purchase

The manager at Shriver Industrial,a laundry detergent manufacturer,needs to purchase a new machine.The net initial investment of the plan is $291,000.The machine is expected to generate $80,000 in uniform cash flow each year and it has a five-year expected useful life.
Required
Compute the payback period.

A) 4.8 years
B) 2.5 years
C) 3.6 years
D) 4.0 years
E) 3.5 years