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Sister Tool Co. is considering investing in specialized equipment costing $620,000. The equipment has a useful life of five years and a residual value of

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Sister Tool Co. is considering investing in specialized equipment costing $620,000. The equipment has a useful life of five years and a residual value of $70,000. Depreciation is calculated using the straight - line method. The expected net cash inflows from the investment are given below: What is the averane annlal nneratinn incnma from the accat? C. $14,800

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