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Current Attempt in Progress Sandhill Industries is considering the purchase of equipment costing $ 8 1 0 0 0 . The company has a 1

Current Attempt in Progress

Sandhill Industries is considering the purchase of equipment costing $

81000 .

The company has a

16 %

required minimum rate of return. The equipment is expected to generate $

21000

in additional operating income. What is the equipment's residual income?

12960

16320

8040

9600

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