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Corn Doggy, Inc, produces and sells corn dogs: The corn dogs are dipped by hand. Austin Beagle, production manager, is considering purchasing a machine that

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Corn Doggy, Inc, produces and sells corn dogs: The corn dogs are dipped by hand. Austin Beagle, production manager, is considering purchasing a machine that will make the corn dogs. Austin has shopped for mochines and found that the machine he wants will cost $215,000. In addition, Austin estimates that the new machine will increase the company/s annual net cash inflows by $33,000. The machine will have a 12 -year usefullife and no salvage valoe. Calculate the cash payback period. (Round answer to 1 decimal place, es, 15.2) Cast payback period years Attempts: 0 of 1 used Question Part Score (b) The parts of this question must be completed in order. This part will be available when you complete the part above Question Part Score (c) The parts of this question must be completed in order. This part will be avatlpble whicn you complete the part above

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