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* Company must purchase a new delivery truck and is using the payback method to evaluate two pouble trucks, Truck 1 costs $31,000, Trick 2

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* Company must purchase a new delivery truck and is using the payback method to evaluate two pouble trucks, Truck 1 costs $31,000, Trick 2 costs $34,000. The site of both is seven years, with the following estimated operating cash flows: Year Trucks Truck 2 1 1-6,000 $7,000 -0.000 -4,000 3 -5,000 -3,000 -0,000 -3.000 5 -6,000 -3,000 6 -5,000 -2.000 -4,000 -2.000 1 X Company chooses Truck 2 instead of Truck 1, what is the payback period in years 4

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