A machine can be purchased for $230,000 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 salvege value. Net income Year 1 Year 2 Year 3 Year 4 Year 5 $15,600 $38,600 $106,000 $58,380 $154,400 Compute the machine's payback period ignore taxes). (Round your Intermediate calculation to 1 decimal places and round payback period answer to 3 decimal places.) Year 9 1 2 3 4 Net Income Depreciation Net Chow Chow 2:30.000 5 (230.000) 5 15.0003 10,000 104000 (160.000) 38.000 40.000 (84.400) 100.000 48.000 (07.000 00 40.000 154,400 10.000 Payback pod 2572 ans