7 You Required information The following information applies to the questions displayed below) Project A requires a $355,000 initial investment for new machinery with a five-year life and a salvage value of $33,500. The company uses straight-line depreciation. Project A is expected to yield annual net income of $28,000 per year for the next five years. Compute Project A's payback period. Payback Period - Payback Pe Choose Denominator Choose Numerator Score answer > 67, of 10