A machine can be purchased for $ 150,000 and used for 5 years, yielding the following net incomes. In projecting net incomes, double declining balance depreciation is applied, using a 5 year life and a zero salvage value. Compute the machine's payback period (ignore taxes).
![1204_267-B-C-F-C-B (1481).png](https://secure.tutorsglobe.com/CMSImages/1204_267-B-C-F-C-B (1481).png)
(Round the payback period to threedecimals.)