Multiple Choice Question 54 A company is considering purchasing a machine that costs $500000 and is estimated to have no salvage value at the end of its year useful . If the machine is purchased annual revenues are expected to be $200000 and annual operating expenses exclusive of depreciation expense are expected to be $36000. The straight-line method of depreciation would be used. The cash payback period on the machine is O O 3.0 years. 2.0 years O 4.0 years 3.0 years