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A plece of equipment costs $45,000, and is expected to generate $9,200 of annual cash revenues and $1,800 of arinual cash expenses. The disposal value

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A plece of equipment costs $45,000, and is expected to generate $9,200 of annual cash revenues and $1,800 of arinual cash expenses. The disposal value at the end of the estimated 10 year life is $3,000. Ignoring income taxes, the payback period is: Multiple Choice 4.89 years. 5.68 years. 6.08 yeans. 9.57 years None of these options is conect

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