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3 A machine can be purchased for $180,000 and used for five years, yielding the following income. This income computation includes annual depreciation expense of
3 A machine can be purchased for $180,000 and used for five years, yielding the following income. This income computation includes annual depreciation expense of $36,000. 10 points Year 1 $12, 100 Year 2 $30, 100 Year 3 $69,000 Year 4 $45,300 Year 5 $120,400 Income Skipped Compute the machine's payback period. (Round your intermediate calculations to 3 decimal places and round payback period answer to 3 decimal places.) 3 Year Net Income Depreciation Net Cash Flow Cumulative Net Cash Flow eBook $ (180,000) $ (180,000) $ Initial invest Year 1 Year 2 Year 3 Year 4 12,100 30.100 Hint 69,000 45,300 120,400 0 Print Year 5 0 0 fo References Payback period r
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