Food Harvesting Corporation is considering purchasing a machine for $2,294,750. The machine is expected to generate a constant after-tax income of $105,525 per year for 15 years. The firm will use straight-line (SL) depreciation for the new machine over 10 years with no residual value. What is the payback period for the new machine? (Round your answer to two decimal places.) Multiple Choice C 15.85 years 4 85 years 6.85 years Previ 14 of 40 Next >