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A machine can be purchased for $232,000 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 $232,000 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. $22,500 $28,000 60,000 $43,500 $139.000 Compute the machine's payback period (ignore taxes). (Round payback period answer to 3 decimal places.) putation of Annual Depreciation Expense Beginning Valu Annual Depr. (40% of B lation Net Cash Flow Net income 22,500 28,000 60.000 2 ur ual-De ok 9 12345 012345
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