Required information The following information applies to the questions displayed below) Project Arequires a $315,000 initial Investment for new machinery with a five-year life and a salvage value of $44,500. The company uses straight line depreciation Project A is expected to yield annual net income of $27700 per year for the next five years. 50 Compute Project As payback period, Payback Period Choose Denominator: Choose Numerator: Payback Period Payback period o