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TB MC Qu. 24-89 (Algo) A company is planning to purchase a machine... A company is planning to purchase a machine that will cost $61,632,

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TB MC Qu. 24-89 (Algo) A company is planning to purchase a machine... A company is planning to purchase a machine that will cost $61,632, have a six-year life, and will have no salvage value. The company expects to sell the nachine's output of 3,000 units evenly throughout each year. A projected income stotement for each year of the asset's life appears below, What is the pyback period for this machine? Multiple Choice 25.68 yoars 12.84 years 6.42 years 428 years 1.07 yeac

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