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The following data are accumulated by Waiola Company in evaluating the purchase of $ 1 2 0 , 0 0 0 of equipment, having a

The following data are accumulated by Waiola Company in evaluating the purchase of $120,000 of equipment, having a 4-year useful life:
\table[[,Net Income,Net Cash Flow],[Year 1,$42,000,$71,000
Find:
Present Value Cash flow
Amount to be invested
Net present Value
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