Chapter 14) i Saved Help Save & Exit Sub In calculating the payback period where new equipment is replacing old equipment, any salvage value to be received on disposal of the old equipment should be deducted from the cost of the new equipment True or False 3325 True False Prov 1 of 9 Next > 80 * PII FI DDG DOOR +3 HT me A # 3 $ 4 una & 7 +1 2 6 8 9 0 W E R T > C 1 O S D F G G H J L N X C V B N M 16