QS 24-2 (Algo) Payback period and equal cash flows LO P1 Project A requires a $350,000 initial investment for new machinery Project A is expected to yield income of $29,000 per year and net cash flow of $90,200 per year for the next five years. Compute Project A's payback period. Numerator: Payback Period Denominator: Payback Period Payback period O