Exercise 24-3 Payback period computation; straight-line depreciation LO P1 A machine can be purchased for $80,000 and used for five years, yielding the following net incomes. In projecting net incomes straight-line depreciation is applied, using a five-year life and a zero salvage value $5,300 $13,300 35,000 $19,900 $53,200 payback period answer to 3 decimal places.)