following information has been collected on this investment: Depreciation is $10,130 per year for the old equipment. The straight-line depreciation method would be used for the new equip over an eight-year period with salvage value of $4,800. Depreciation is $10,130 per year for the old equipment. The straight-line depreciation method would be used for the new equipment over an eight-year period with salvage value of $4,800. (a) * Your answer is incorrect. Determine the cash payback period. (Ignore income taxes) (Round answer to 3 decimal ploces, es. 15.275.) eTextbook and Media