Year 1 Net income $11,400 Year 2 $28,400 Year 3 $64,000 Year 4 $42,700 Year 5...
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Year 1 Net income $11,400 Year 2 $28,400 Year 3 $64,000 Year 4 $42,700 Year 5 $113,600 Compute the machine's payback period (ignore taxes). (Round your intermediate calculations to 3 decimal places and round payback period answer to 3 decimal places.) Net Cash Flow Cumulative Cash Flow Year Net Income Depreciation 0 $ 1 $ 11,400 2 28,400 3 64,000 4 42,700 5 113,600 (170,000) $ Payback period = (170,000) Year 1 Net income $11,400 Year 2 $28,400 Year 3 $64,000 Year 4 $42,700 Year 5 $113,600 Compute the machine's payback period (ignore taxes). (Round your intermediate calculations to 3 decimal places and round payback period answer to 3 decimal places.) Net Cash Flow Cumulative Cash Flow Year Net Income Depreciation 0 $ 1 $ 11,400 2 28,400 3 64,000 4 42,700 5 113,600 (170,000) $ Payback period = (170,000)
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