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A machine can be purchased for $170,000 and used for five years, ylelding the following net Incomes. In projecting net Incomes, straight-line depreciation is applied
A machine can be purchased for $170,000 and used for five years, ylelding the following net Incomes. In projecting net Incomes, straight-line depreciation is applied using a five-year life and a zero salvage value. Year 1 $ 11,400 Year 2 $ 28, 400 Year 3 $64,000 Year 4 $42,70 Year 5 $ 113,600 Net income Compute the machine's payback period (Ignore taxes). (Round your Intermediate calculations to 3 decimal places and round payback period answer to 3 decimal places.) eBook Year Net Income Depreciation Net Cash Flow Cumulative Cash Flow Hint S (170,000) $ (170,000) $ Print 11,400 28,400 64,000 42.700 113.600 Payback period =
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