Question: Question 1 Question 2 QUESTION 2 Information is provided on two machines, which had an original cost of $28.400 for Machine X and $26.200 for

 Question 1 Question 2 QUESTION 2 Information is provided on two

Question 1 Question 2 QUESTION 2 Information is provided on two machines, which had an original cost of $28.400 for Machine X and $26.200 for Machine Y. Machine X Machine Y Net annual savings $1,440 $3,560 Add: Depreciation $4.8401 5.240 Net annual cash savings $6,280 $8,800 Which is the best investment using the payback period method? Will either of the machines provide the cash investment back in less than 4 years

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