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#1 Check my work Exercise 11-3 Payback period computation; straight-line depreciation LO P1...

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Check my work Exercise 11-3 Payback period computation; straight-line depreciation LO P1 0.85 A machine can be purchased for $150,000 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. points Net income Year 1 $10,000 Year 2 $25,000 Year 3 $50,000 Year 4 $37,500 Year 5 $100,000 eBook Hint Compute the machine's payback period (ignore taxes). (Round payback period answer to 3 decimal places.) Print Year Net Income Depreciation References Net Cash Flow $ (150,000) Cumulative Cash Flow $ (150,000) 1 $ 10,000 25,000 50,000 37,500 100,000 Payback period =

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