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https:/ewconnect.mhed cation.com/flow/connect.htmlsRegt e&returnurl https%3Asa er 24 .Q Search Exercise 24-3 Payback period computation; straight line depreciation LO P1 A machine can be purchased for $150,000

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https:/ewconnect.mhed cation.com/flow/connect.htmlsRegt e&returnurl https%3Asa er 24 .Q Search Exercise 24-3 Payback period computation; straight line depreciation LO P1 A machine can be purchased for $150,000 and used for five years, yielding the following net incomes. In projecting net incomes straight-line depreclation is applied, using a five-year life and a zero salvage value. Year $10,000 $25,000$50,000 $37, 500 $100,000 Compute the machine's payback period (ignore taxes) (Round payback period to 3 decimal places.) Year Net Income Depreciation Net Cash Flow Cumulative Cash Flow (150,000) ces (150,000) S 1 $ 10,000 25,000 50,000 37,500 100,000

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