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Noah Company is considering purchasing a machine that costs $313000 and is estimated to have no salvage value at the end of its 8 -year usefu life. If the machine is purchased, annual revenues are expocted to be $92400 and annual operating expenses exclusive of depreciation expense are expected to be $11600. The straight-line method of depreciation would be used. The cash payback period on the machine is Round your answer to 2 decimal places selecteiknsen miont Given) corred Arwen 3Hit+abS Noah Company is considering purchasing a machine that costs $313000 and is estimated to have no salvage value at the end of its 8 -year usefu life. If the machine is purchased, annual revenues are expocted to be $92400 and annual operating expenses exclusive of depreciation expense are expected to be $11600. The straight-line method of depreciation would be used. The cash payback period on the machine is Round your answer to 2 decimal places selecteiknsen miont Given) corred Arwen 3Hit+abS