Required information [The following Information applies to the questions displayed below.] Project A requires a $290,000 Initial Investment for new machinery with a five-year life and a salvage value of $47,000. The company uses straight-line depreciation. Project A is expected to yield annual net income of $26,200 per year for the next five years. mpute Project A's payback period. Choose Numerator: Payback Period) Choose Denominator: Payback Period Payback period