A machine can be purchased for $200,000 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 zero salvage value. Year 1 $13,500 Net income Year 2 $33,500 Year 3 $83,000 Year 4 $50,500 Year 5 $134,000 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 Cumulative Cash Flow Flow $ (200,000) $ (200,000) 0 $ 2 13,500 33.500 83.000 3 4 50.500 5 134,000 Payback period = 1