please help calculate payback period

4 Calculate the Payback Period 5 6 The payback period is the length of time required for the cash to be coming in from an imvestment 7 to equal the amount of cash originally spent when the investment was acquired. 1 Purchase price of equipment 5 2 Useful life of equipment 20 years 3 Revenue the machine will generate per year 520,000 4 Direct operating costs assodated with earning the revenue 5150,000 5 Depreciation Expense per year 530,000 Using the above five assumptions, calculate how many years it will take to recoup the 26 original investment. Revenue Less: Direct Operating Costs Depedation Net income Step 2 Find the net annual cash inflow the machine is expected to generate (comvert net income to cash basis) Net Income Add back Depreclation Annual Net Cash inflow Step 3 Compute the payback period