Question8 0.7 points Saved Noah Company is considering purchasing a machine that costs $233,500 and is estimated to have no salvage value at the end of its 6- year useful life. If the machine is purchased, annual revenues are expected to be $105,400 and annual operating expenses exclusive of depreciation expense are expected to be $12,900. The straight-line method of depreciation would be used. The cash payback period on the machine is Round your answer to 2 decimal places