Question Help Cowell Corporation is considering an investment in new equipment costing $150,000. The equipment will be depreciated on a straight-line basis over a five-year life and is expected to generate net cash Intlows of $55,000 the first year $20.000 the second year and 582,000 every year thereafter until the ninth year What is the payback period for this investment? The equipment has no residual value A 291 years B. 237 years OO 3.91 years OD. 155 years