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(Ignore income taxes in this problem.) A company with $810,000 in operating assets is considering the purchase of a machine that costs $86,000 and which

(Ignore income taxes in this problem.) A company with $810,000 in operating assets is considering the purchase of a machine that costs $86,000 and which is expected to reduce operating costs by $18,000 each year. These reductions in cost occur evenly throughout the year. The payback period for this machine in years is closest to:

4.8 years

9.4 years

0.21 years

45 years

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