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Quary Company is considering an investment in machinery with the following information. $ 353,000 9 years Initial investment Useful life Salvage value Expected sales per

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Quary Company is considering an investment in machinery with the following information. $ 353,000 9 years Initial investment Useful life Salvage value Expected sales per year Materials, labor, and overhead (except depreciation) Depreciation-Machinery Selling, general, and administrative expenses Selling price per unit $ 79,425 37,000 8,825 $ 10 $ 20,000 17,650 units (a) Compute the investment's annual income and annual net cash flow. (b) Compute the investment's payback period. Complete this question by entering your answers in the tabs below. Required A Required B Compute the investment's annual income and annual net cash flow. Annual Amounts Income Cash Flow Expenses Income Net cash flow Quary Company is considering an investment in machinery with the following information. Initial investment Useful life Salvage value Expected sales per year $ 353,000 9 years $ 20,000 17,650 units Materials, labor, and overhead (except depreciation) Depreciation-Machinery Selling, general, and administrative expenses Selling price per unit $ 79,425 37,000 8,825 $ 10 (a) Compute the investment's annual income and annual net cash flow. (b) Compute the investment's payback period. Complete this question by entering your answers in the tabs below. Required A Required B Compute the payback period for this investment. Numerator: Payback Period 1 Denominator: 1 Payback period

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