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html Help A machine can be purchased for $264,000 and used for five years, yielding the following net incomes. In projecting net incomes, double-declining depreciation
html Help A machine can be purchased for $264,000 and used for five years, yielding the following net incomes. In projecting net incomes, double-declining depreciation is applied using a five-year life and a zero salvage value Net income $12,580 $27, $62,e038,500 $124,008 Compute the machine's payback period (ignore taxes). (Round paybeck period enswer to 3 decimal places.) Beginning | Annual Dep. (40% Book Value of Book Value) Ending Bock Value at Year EndV Annual Cash Flows Net Cash Flow Net income o (264 000) 12 500 27.000 (264 000 Next > 1of 2 to search 0 nnect.mheducat 264000 Annual Cash Flows Cumulative Cash Flow Year Net incomeDepreciation Net Cash Flow S (264.000) 0 (264,000) 2,500 27,000 62,000 38,500 5124.000 62,000 100 500 224.500 62.000 38.500 124,000 Payback period 1 of 2 Next >
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