ment FULL SCREEN PRINTER VERSION HACK NEXT Problem 13.29A a-d (Part Level Submission) Magenta Inc. is considering moderniring its production facility by investing in new equipment and selling the old equipment. The following information has been collected on this Investment: Old Equipment Cost Accumulated depreciation Remaining life Current salvage value Salvage value in 8 years Annual cash operating costs $81,600 $41,000 8 years $10,130 $0 $36,000 New Equipment Cost $38,800 Estimated useful life 8 years Salvage value in 8 years $4,800 Annual cash operating costs $30,000 Depreciation is $10,200 per year for the old equipment. The straight-line depreciation method would be used for the new equipment over an eight-year period with salvage value of $4,800. (a) Your answer is correct. Determine the cash payback period. (Ignore Income taxes.) (Round answer to 3 decimal places, e... 15.275.) Cash payback period 4.778 years SHOW SOLUTION LINK TO TEXT LINK TO TEXT LINK TO TEXT Policy I 2000-2020 Zohn Wiley & Sons Inc. All Rights Reserved. A Division of labo Wile Soste AGING 9:26 AM 2020-07-26 E o earch RE