5) Mallie Park Department is considering a new capital Investment. The following information is available on the investment. The cost of the machine will be $219.000. The annual cost savings of the new machine is acquired will be $35.000. The machine will have a 5 year life at which time the terminal disposal value is expected to be zero. Malile Park is assuming no tax consequences. Mallie Park has a 12% required rate of return, Compute the payback period for the Investment