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Sayer Tool Co . is considering investing in specialized equipment costing $ 6 1 0 , 0 0 0 . The equipment has a useful

Sayer Tool Co. is considering investing in specialized equipment costing $610,000. The equipment has a useful life of five years and a residual value of $68,000. Depreciation is calculated using the straight - line method. The expected net cash inflows from the investment are given below:
\table[[Year 1,$204,000
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