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Sheffield Company is considering buying a machine for $180000 with an estimated life of 10 years and no salvage value. The straight-Iline method of depreciation

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Sheffield Company is considering buying a machine for $180000 with an estimated life of 10 years and no salvage value. The straight-Iline method of depreciation will be used. The machine is expected to generate net income of $2000 each year. The cash payback on this investment is 10.00 years. 45.00 years 9.00 years. 18.00 years

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