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Sunland Company is considering buying equipment for $ 2 5 6 0 0 0 with a useful life of five years and an estimated salvage

Sunland Company is considering buying equipment for $256000 with a useful life of five years and an estimated salvage value of $13000. If annual expected income is $22500, the denominator in computing the annual rate of return is
$269000
$256000
$134500
$128000
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