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help please QS 24-2 (Algo) Payback period and equal cash flows LO P1 Project Arequires a $345,000 initial investment for new machinery, Project A is

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QS 24-2 (Algo) Payback period and equal cash flows LO P1 Project Arequires a $345,000 initial investment for new machinery, Project A is expected to yield income of $27.200 per year and net cash flow of $88,000 per year for the next five years. Compute Project A's payback period Nurruttor Initial investment $ Payback Period Denominator Annual net cash flow 345,000 1 Payback Period Payback period 0

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