A machine can be purchased for 150,000 and used for 5 years yielding the following net incomes.

Check my work 13 A machine can be purchased for $150,000 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 40 Year 1 Year 2 Year 3 Year 4 Year 5 points Net income $10 , 000 $25 , 000 $50 , 000 $37 , 500 $100 , 000 eBook Compute the machine's payback period (ignore taxes). (Round payback period answer to 3 decimal places.) Hint Year Net Income Depreciation Net Cash Flow Cumulative Cash Flow Print 0 $ (150,000) $ (150,000) References 1 $ 10,000 2 25,000 3 50,000 4 37,500 0 5 100,000 0 Payback period =