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A machine can be purchased for $140,000 and used for five years, yielding the following net incomes. In projecting net incomes. straight line depreciation is

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A machine can be purchased for $140,000 and used for five years, yielding the following net incomes. In projecting net incomes. straight line depreciation is applied using a five-year life and a zero salvage value Net Income Year 1 39,500 Year 2 $23.500 164.000 Year 4 $35,500 Years 399,000 Compute the machine's payback period (ignore taxes). (Round your intermediate calculations to 3 decimal places and round payback period answer to 3 decimal places.) Year Net Income Depreciation Net Cash Flow Cimolatie Cash Flow 0 5 (140.000) [140,000) 1 5 2 3 9.500 23 500 64 000 35,500 94.000 4 5 Payback period

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