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2?. A piece of equipment costs $30,0, and is expected to generate $8,513!) of annual cash revenues and $1,5 of annual cash expenses. The disposal
2?. A piece of equipment costs $30,0, and is expected to generate $8,513!) of annual cash revenues and $1,5 of annual cash expenses. The disposal value at the end of the estimated 10-year life is $3.0m]. Ignoring income taxes, the payback period is: A. 3.53 years. B. 3.86 years. (3. 4.29 years. D. 6.98 years. E. some other period of time not noted above
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