Ghost Company has a payback goal of three years on acquisitions of new equipment. A new piece of equipment that costs $420,000 and that has a fiveyear life is being considered. Straight-line (SL) depreciation will be used, with zero salvage value. Ghost is subject to a 38% combined income tax rate, t To meet the company's payback goal, the equipment must generate reductions in annual cash operating costs of at least: Multiple Choice $140,000 57/4323. $108.080 $269060 156. 920