Acompany is considering purchasing factory equipment that costs $264000 and is estimated to have no salvage value at the end of its 8 year useful life. If the equipment is purchased annual revenues are expected to be $122000 and annual operating expenses Exclusive of depreciation expense are expected to be $26000. The straight line method of depreciation would be used, The cash payback period on the equipment is 80 years 28 years 4 2 years 14 years Attempts: 0 of 1 used Submit Answer 41"F there to search