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A machine can be purchased for $130,000 and used for five years, yielding the following income. This income computation includes annual depreciation expense of $26,000.
A machine can be purchased for $130,000 and used for five years, yielding the following income. This income computation includes annual depreciation expense of $26,000. Year 1 Year 2 Year 3 Year Year 5 Income $8,800 $21,800 $57,000 $32,900 $87,200 Compute the machine's payback period. (Round your Intermediate calculations to 3 decimal places and round payback period answer to 3 decimal places.) Yes Net Income Depreciation Not Cash Flo CHHU H NGH. Flow (130,000) 5 (130,000) $ Initial invest Year 1 Year 2 Year 3 Year 4 Year 5 8,800 21,800 57.000 32,900 87.200 Payback period
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