MANAGERIAL ACCT (ACCT-241) S Weygandt, Managerial Accounting, Be Gradebook ORION Downleadable eTextbook BACK Briet Exercise 158 Diamond Company is considering investing in new equipment that will cost $1,400,000 with a 10-year useful life. The new equipment is expected to Compute the cash payback period. CRound answer to 1 decimal places, e.g. 15.2.) Cash payback period produce annual net income of $90,000 over its Depreciation expense, using the straight-line rate, is $140,000 per yeer years ssistance, you will learn while you earn points based on the Point Potential Policy set by your instructor SAVE FOR LATER Question Attempts: 0 of 1 used Earn Maximum Points available only you answer this question correctly in your first ettemot Version 4.241