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Elektra Inc. has determined that any one of five machines shown in the table below can be used in its new manufacturing operations in Mexico.

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Elektra Inc. has determined that any one of five machines shown in the table below can be used in its new manufacturing operations in Mexico. All machines are expected to have a 5-year useful life. If the minimum attractive rate of return is 2094 per year, determine which machine should be selected on the basis of an incremental rate of return analysis. Machine 3 Machine 4 Machine 1 Machine 2 Machine 5

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