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Helson Co. is considering the acquisition of a machine that costs $579,000. The machine is expected to have a useful life of 4 years, a
Helson Co. is considering the acquisition of a machine that costs $579,000. The machine is expected to have a useful life of 4 years, a negligible residual value, an annual net cash inflow of $75,000, and annual operating income of $86,100. The estimated cash payback period for the machine is?
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