Use the following information for the Quick Study below. [The following information applies to the questions displayed below.] Project A requires a $330,000 initial investment for new machinery with a five-year life and a salvage value of $43,000. The company uses straight-line depreciation. Project A is expected to yield annual net income of $21,200 per year for the next five years. QS 26-5 Payback period LO P1 Compute Project A's payback period. Choose Numerator: Payback Period Choose Denominator: Payback Period Payback period