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Door to Door Moving Company is considering purchasing new equipment that cost $714,000. Its management estimates that the equipment will generate cash flows as follows:

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Door to Door Moving Company is considering purchasing new equipment that cost $714,000. Its management estimates that the equipment will generate cash flows as follows: The company' annual required rate of return is 8%. Using the factors in the table, calculate the present value of the cash inflows. (Round all calculations to the nearest whole

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