value 1.00 points Project A requires a $440,000 initial investment for new machinery with a five-year life and a salvage value of $48,500. The company uses straight-line depreciation. Project A is expected to yield annual net income of $20,400 per year for the next five years. Compute Project A's payback period. Payback Period Choose Numerator: 1 Choose Denominator: = Payback Period Payback period Cost of investment Annual net cash flow | = |