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Compute for the payback period of this investment. * Baldock Inc. is considering the acquisition of a new machine that costs P420,000 and has

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Compute for the payback period of this investment. * Baldock Inc. is considering the acquisition of a new machine that costs P420,000 and has a useful life of 5 years with no salvage value. The incremental net operating income and incremental net cash flows that would be produced by the machine are: Incremental Net Incremental Net Operating Income Cash Flows Year 1 P61,000 P145,000 Year 2 P67,000 P151,000 Year 3 P78,000 P162,000 Year 4 P41,000 P125,000 Year 5 P83,000 P167,000

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