year 1 - 14,200

year 2 - 35,200

year 3 - 91,000

year 4 - 53,100

year 5 - 140,000

A machine can be purchased for $210,000 and used for five years, yielding the following net incomes. In projecting net incomes, straight-line depreciation is applied using a five year life and a zero salvage value. Year Net income $14,200 Year 2 Year 3 $35,200 591,000 Year 4 $53, 100 Year 5 $140, 800 Compute the machine's payback period onore taxes) (Round your Intermediate calculations to 3 decimal places and round payback period answer to 3 decimal places.) Year Net Income Depreciation Net Cash Flow Cumulative Cash Flow $ (210,000) 5 (210,000) $ NI 0 1 2 3 4 5 14,200 35,200 91.000 53.100 140,000 0 Payback period