A machine can be purchased for $190,000 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 Year 2 Year 3 Year 1 $12,800 $31,800 $76,000 Year 4 $47,900 127,200 Year 5 Net income Compute the machine's payback period (ignore taxes). (Round your intermediate calculations to 3 decimal places and round payback period answer to 3 decimal places.) Year Net Income Depreciation Net Cash FlowCumulative Cash Flow 190,000)$ (190,000) 112,800 31,800 76,000 47.900 127,200 2 5 Payback period