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Use an excel spreedsheet to answer this question: The National Potato Cooperative purchased a deskinning machine last year for $ 1 5 0 , 0

Use an excel spreedsheet to answer this question:
The National Potato Cooperative purchased a deskinning machine last year for $150,000. Revenue for the first year was $50,000. Over the total estimated life of 8 years, use a spreadsheet to estimate the remaining equivalent annual revenues (years 2 through 8) to ensure breakeven by recovering the investment and a return of 10% per year. Costs are expected to be constant at $42,000 per year and a salvage value of $10,000 is anticipated.

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