Tof the Work you have completed sof Compute the payback period for each of these two separate investments: a. A new operating system for an existing machine is expected to cost $280,000 and have a useful life of six years. The system yields an incremental after-tax income of $80,769 each year after deducting its straight-line depreciation. The predicted salvage value of the system is $11,000. b. A machine costs $180,000, has a $15.000 salvage value, is expected to last eleven years, and will generate an after-tax income of $44,000 per year after straight-line depreciation Answer is complete but not entirely correct. Payback Period Payback Period Choose Choose Numerator: Denominator: Annual net cash Cost of investment flow $ 280,000 $ 80.769 X 1$ 180,000 15,000 X - Payback period a. 3.47 years b = 12.00 years Prey ho of 12 Next >