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19 Vandezande incorporated is considering the acquisition of a new machine that costs $426,000 and has a useful life of 5 years with no salvage

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19 Vandezande incorporated is considering the acquisition of a new machine that costs $426,000 and has a useful life of 5 years with no salvage value. The incremental net operating income and incremental net cash flows that would be produced by the machine are ignore income taxes.) Year 1 Year 2 Year 3 Year 4 Year 5 Incremental Net Incremental Operating Income Net Cash Flows $ 67,000 $ 148,000 $ 73,000 $ 150,00 $ 84,000 $ 175,000 $ 47,880 $ 149,000 $ 89,000 $ 151,600 Assume cash flows occur uniformly throughout a year except for the initial investment The payback period of this investment is closest to (Round your answer to 1 decimal place.) 19 The payback period of this investment is closest to: (Round your answer to 1 decimal place.) Multiple Choice eBook 2.1 years 50 years 4.3 years 27 years

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