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Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.) Following is information on

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Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.) Following is information on an investment in a manufacturing machine. The machine has zero salvage value. The company requires a 9% return from its investments, Initial investment $ (220,000) Net cash flows: Year 1 110,000 Year 2 142,000 Year 3 93,000 QS 24-19 (Algo) Net present value with unequal cash flows LO P3 Computer this machine's net present value. (Py of S1, FV of $1. PVA of S1, and EVA of S1) (Use appropriate factor(s) from the tables provided. Round alt present value factors to 4 decimal places. Round present value amounts to the nearest dollar) Not Cash Flow Present Value Factor 0.0900 Present Value of Net Cash Flows $ Year 1 Year 2 Year 3 Totals Initial investment Net present value 110,000 142.000 93,000 345,000 $ $ 0 $ 0

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