Question 14 (3 points) Consider the following information: 170,000 Initial investment: Cost of equipment (zero salvage value) Annual revenues and costs: Sales revenues Variable cash expenses Depreciation expense Fixed cash operating costs What is the payback period? 250,000 120,000 34,000 70,000 6.54 years 1.47 years 1.31 years 2.83 years la # _A_ a s