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Heidi Company is considering the acquisition of a machine that costs $ 5 0 9 , 0 0 0 . The machine is expected to

Heidi Company is considering the acquisition of a machine that costs $509,000. The machine is expected to have a useful life of 6 years, a negligible residual value, an annual net cash inflow of $119,000, and annual operating income of $82,541. The estimated cash payback period for the machine is (round to one decimal point)
a.6.2 years
b.6.5 years
c.5.0 years
d.4.3 years
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