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Metlock Company is considering the purchase of a machine with an estimated useful life of 5 years with the following data: Initial cost $130000 One-time

Metlock Company is considering the purchase of a machine with an estimated useful life of 5 years with the following data:

Initial cost	$130000
One-time training cost	16800
Annual maintenance costs	13000
Annual cost savings	65000
Salvage value	16900

The cash payback period is

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