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The following data are accumulated by Lingle Company in evaluating the purchase of $ 1 8 0 , 0 0 0 of equipment having a

The following data are accumulated by Lingle Company in evaluating the purchase of $180,000 of equipment having a 4-year useful life:
Net Income
\table[[Year 1,$51,000,Net Cash Flow],[Year 2,33,000,$96,000
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