Jackson Inc. disposes of other companies' toxin waste. Currently, Jackson loads the waste by hand into a truck, which r

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Jackson Inc. disposes of other companies' toxin waste.
Currently, Jackson loads the waste by hand into a truck, which
requires the labor of $20. per load. Jackson is
considering a machine that would reduce the amount of time needed
to load the waste. The machine would cost $208,000 but would
reduce labor costs to $7.00 per load. Assume that Jackson
averages 10,400 loads per year. How many years would it take
for Jackson to recover the cost of the new machine?