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please fill in the blanks Required information [The following information applies to the questions displayed below.] Project A requires a $290,000 initial investment for new

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Required information [The following information applies to the questions displayed below.] Project A requires a $290,000 initial investment for new machinery with a five-year life and a salvage value of $37,000. The company uses straight-line depreciation. Project A is expected to yieid annual net income of $22,200 per year for the next five years. Compute Project A's payback period

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