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Exercise 11-4 (Algo) Payback period, unequal cash flows, and depreciation adjustment LO P1 A machine can be purchased for $200,000 and used for five years,

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Exercise 11-4 (Algo) Payback period, unequal cash flows, and depreciation adjustment LO P1 A machine can be purchased for $200,000 and used for five years, yleiding the following income. This income computation includes annual depreciation expense of $40,000. Compute the machine's payback period. Note: Round paybock period answer to 2 decimal places

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