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Current Attempt in Progress X Your answer is incorrect. Crane, Inc., is purchasing machinery at a cost of $3,903,720. The company's management expects the machinery
Current Attempt in Progress X Your answer is incorrect. Crane, Inc., is purchasing machinery at a cost of $3,903,720. The company's management expects the machinery to produce cash flows of $951,410, $1,142,160, and $2,337,150 over the next three years, respectively. What is the payback period? (Round answer to 2 decimal places, e.g. 15.25.) Payback period is years Toythool and Media
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