Use the Information for the Question(s)below

Multiple Choice

Use the information for the question(s) below.
The Sisyphean Company is planning on investing in a new project.This will involve the purchase of some new machinery costing $450,000.The Sisyphean Company expects cash inflows from this project as detailed below: The appropriate discount rate for this project is 16%.
-The payback period for this project is closest to:

A) 2.1 years.
B) 3.0 years.
C) 2.0 years.
D) 2.2 years.