Exercise 24-5 Payback period computation; even cash flows LO P1 Compute the payback period for each of these two separate investments a. A new operating system for an existing machine is expected to cost $280,000 and have a useful life of five years. The system yields an incremental after-tax income of $80,769 each year after deducting its straight line depreciation. The predicted salvage b. A machine costs $190.000 has a $15.000 salvage value, is expected to last eleven years, and will generate an atter-tax income of 544,000 per year after straight-line depreciation value of the system is $11,000 Payback Period Choose Denominator Choose Numerator 1 Payback Period Payback period = Prey 1 of 1 !!! Nexd