a. A new operating system for an existing machine is expected to cost $280,000 and have a useful life of five years. The system yields an incremental after-tax income of $80,769 each year after deducting its straight-line depreciation. The predicted salvage value of the system is $11,000. b. A machine costs $200,000, has a $15,000 salvage value, is expected to last nine years, and will generate an after-tax income of $44,000 per year after straight-line depreciation Payback Period Choose Numerator: Choose Denominator: Payback Period Payback period a. b