5 Weight Corp. is considering the purchase of a new ploce of equipment, which would have an initial cost of $1,000,000 and 05-year fe. There is no salvage value for the equipment. The increase in net income each year of the equipment's life would be as follows: Year 1 Year 2 Year 3 Year 4 Year 5 $411,000 $386,000 $321,000 $266,000 $221,000 What is the payback period