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A machine can be purchased for $240,000 and used for five years. yielding the following...

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Accounting

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A machine can be purchased for $240,000 and used for five years. yielding the following net incomes. In projecting net incomes. straight-line depreciation is applied using a five-year life and a zero salvage value Year 1 Year 2 Year 3 Year 4 Year 5 in $16,300 $40,300 $111.000 $60,000 $161.200 Comoute the machine's payback period ignore taxes) (Round your intermediate calculations to 3 decimal places and round payback period answer to 3 decimal places.) Year Net Income Depreciation Net Cash Flow Cumulativi Cash Flow 240 000 $ (240 000) S 16.3001 40.300 111.000 60.900 161.200

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