Rinky Dink Family Fun Center Bought New Bumper Boats for Its

Rinky Dink Family Fun Center bought new bumper boats for its recreation facility.The useful life is 6 years.The bumper boats had a total cost $5,338 and will generate $1,570 total cash inflows each year for the life of the boats.The residual value of the bumper boats is $650.The payback period in years is closest to

A) 2.40.
B) 2.99.
C) 3.40.
D) 3.81.