Required information Use the following information for the Quick Study below. The following information applies to the questions displayed below.) Project A requires a $310,000 initial investment for new machinery with a five-year life and a salvage value of $30,500. The company uses straight-line depreciation Project A is expected to yield annual net income of $26.800 per year for the next five years. QS 25-5 Payback period LO P1 Compute Project A's payback period. Choose Numerator: Payback Period Choose Denominator: Payback - Period - Payback period