Chapter 11 question 4I'm confused by this?

apter 11 Homework i Saved Help Save & Exit Sul Check my wor 4 A.machine can be purchased for $233,000 and used for five years, yielding the following net incomes. In projecting net incomes, double-declining depreciation is applied using a five-year life and a zero salvage value. Year 1 Year 2 Year 3 Year 4 Year 5 Net income $13, 500 $27, 000 $51,000 $38, 500 $101, 000 ints Compute the machine's payback period (ignore taxes). (Round payback period answer to 3 decimal places.) Skipped Computation of Annual Depreciation Expense eBook Year Beginning Annual Depr. (40% Accumulated Ending Book Book Value of Book Value) Depreciation at Year-End Value Hint 1 Print 2 3 4 5 Annual Cash Flows Cumulative