Wright Corp is considering the purchase of a new plece of equipment which would have an initial cost of $1,000,000 and a year. There is no soge for the Guiment The increase in net income each year of the equipments life would be as follows: Yea Year 2 Year Year Year 5483,000 3411.000 5353,000 $299,000 0253,000 What is the payback period Me Choice Tye O 332 year 18 years 27