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Hayden Company is considering the acquisition of a machine that costs $ 4 4 7 , 0 0 0 . The machine is expected to

Hayden Company is considering the acquisition of a machine that costs $447,000. The machine is expected to have a useful life of 6 years, a negligible residual value, an annual net cash inflow of $99,000, and annual operating income of $84,150. The estimated cash payback period for the machine is (round to one decimal place)
a.1.2 years
b.4.5 years
c.6.5 years
d.5.3 years

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