Testbank Exercise 6 Birch manufacturing is considering the addition of another product line to its offerings. Equipment needed to produce the new line will cost $179,450. Birch estimates that the net cash inflows from the new product line will be as follows:

Years 1-10		$17,450	(each year)
Years 11-15		$4,950	(each year)
Year 16-20		$1,850

(a) What is the payback period for the new product line?

Payback period

years