etproctoriocomfsecuredmockdown .. [I] YouTube 9 Maps IE! Announcementsu. Enabled: Final Exam Fall 2021 0 Saved Help Save& Exit 5 A company is planning to purchase a machine that will cost $31,668. have a six-year life. and will have no salvage value. The company expects to sell the machine's output of 3.000 units evenly throughout each year. A projected income statement for each year of the asset's life appears below. What is the payback period for this machine? Sales $ 117,000 Costs: Manufacturing $ 70 , 200 Depreciation on machine 4,000 Selling and administrative expenses 39,000 (113,200) Income $ 3 , 800 Multiple Choice 0 1218 years. 0 102 year. | O 24 36 years