The Trenton Corp. has the following investment opportunities:
Machine A Machine B Machine C
($10,000) ($22,500) ($35,500)
Year 1 $6,000 Year 1 $12,000 Year 1 $-0-
Year 2 3,000 Year 2 7,500 Year 2 30,000
Year 3 3,000 Year 3 1,500 Year 3 5,000
Year 4 -0- Year 4 1,500 Year 4 20,000
Under the payback method and assuming these machines are mutually exclusive, which machine(s) would Trenton Corp. choose?
a. Machine A and B
b. Machine B
c. Machine A
d. Machine C