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Current Attempt in Progress Sunland Company is considering purchasing new equipment for $395,200. It is expected that the equipment will produce net annual cash flows

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Current Attempt in Progress Sunland Company is considering purchasing new equipment for $395,200. It is expected that the equipment will produce net annual cash flows of $52.000 over its 10-year useful life. Annual depreciation will be $39.520. Compute the cash payback period. (Round answer to 1 decimal place, eg. 10.5) Cash payback period years ho e Textbook and Media Attempts: 0 of 3 used Submit Answer Save for later Using multiple attempts will impact your score 50% score reduction after attempt 2

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