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21 Vandezande Inc. is considering the acquisition of a new machine that costs $432,000 and has a useful life of 5 years with no salvage

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21 Vandezande Inc. is considering the acquisition of a new machine that costs $432,000 and has a useful life of 5 years with no salvage value. The incremental net operating Income and incremental net cash flows that would be produced by the machine are ignore Income taxes. 37 points (8 02:17:31 Year 1 Year 2 Year 3 Year 4 Year 5 Incremental Net Operating Income $73,000 $79,000 $90,000 $53,000 $95,000 Incremental Net Cash Plovs $151,000 $ 158,000 $175,000 $155,000 $157.000 Assume cash flows occur uniformly throughout a year except for the initial Investment. The payback period of this Investment is closest to (Round your answer to 1 decimal place)

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