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A machine can be purchased for $231,000 and used for five years, yielding the following net incomes. In projecting net incomes, double-declining depreciation is applied
A machine can be purchased for $231,000 and used for five years, yielding the following net incomes. In projecting net incomes, double-declining depreciation is applied using a five year life and a zero salvage value $19.000 $25,000 $59.000 47.000 Compute the machine's payback period ignore taxes) (Round payback period answer to 3 decimal places.) Computation of Anna Depreciation Fepeng Beginning Book Value Annual Dept. 1404 of Book Value) Accumulated Depreciation at Year End Ending Book Value 231,000 Annual Cash Flows Depreciation Net Cash Flow Netcome S 231 000) 231.000) 19 000 25.000 59.000 47 000 135 000 9000 59.000 47.000 135.000 100.000 242.000 Payback period
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