Question 23 of 50 < > View Policies -/5 E! Current Attempt in Progress Whispering Winds Company is considering investing in new equipment that will cost $1,426,000 with a 10-year useful life. The new equipment is expected to produce annual net income of $40,200 over its useful life. Depreciation expense, using the straight-line rate, is $142,600 per year. Compute the cash payback period. (Round answer to 1 decimal place, e.g. 15.2.) Cash payback period years Save for Later Attempts: 0 of 1 used Submit Answer