omework Saved ! 2 Required information Use the following information for the Quick Study below. (The following information applies to the questions displayed below) Project A requires a $280,000 initial investment for new machinery with a five-year life and a salvage value of $30.000 The company uses straight-line depreciation Project A is expected to yield annual net income of $20,000 per year for the next five years. QS 26-5 Payback period LO P1 Compute Project A's payback period, ces Payback Period Choose Denominator: Choose Numerator: 1 1 Payback Period Payback period 0.00 CD 1 2 of 9 !!! Next > Prey o 51