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An item of equipment was purchased four years ago at $50,000 andit had a life of four years. The investment gave rise to actualannual cash

An item of equipment was purchased four years ago at $50,000 andit had a life of four years. The investment gave rise to actualannual cash receipts of $15,000, $20,500, $25,500, and $29,000respecti 1 answer

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