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Hayden Company is considering the acquisition of a machine that costs $349,000. The machine is expected to have a useful life of 6 years, a

Hayden Company is considering the acquisition of a machine that costs $349,000. The machine is expected to have a useful life of 6 years, a negligible residual value, an annual net cash flow of $83,000, and annual income from operations of $70,550. What is the estimated cash payback period for the machine?

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