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77. The Logan Company specializes in decorative fruit baskets. Currently, the company is analyzing purchase alternatives for a fruit-polishing machine. Data relevant to the decision

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77. The Logan Company specializes in decorative fruit baskets. Currently, the company is analyzing purchase alternatives for a fruit-polishing machine. Data relevant to the decision are as follows: Using the net present value method, prepare an analysis to determine which machine the company should purchase. (The company uses a 9 percent minimum desired rate of return.)

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