Question: A machine can be purchased for $ 1 9 0 , 0 0 0 and used for five years, yielding the following income. This income

A machine can be purchased for $190,000 and used for five years, yielding the following income. This income computation includes
annual depreciation expense of $38,000.
Compute the machine's payback period. (Round payback period answer to 2 dec imal places.)
A machine can be purchased for $190,000 and used for five

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