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Vaughn Inc. is considering purchasing a machine that costs $ 1 9 1 0 0 0 and is estimated to have no salvage value at

Vaughn Inc. is considering purchasing a machine that costs $191000 and is estimated to have no salvage value at the end of its 4-year useful life. The straight-line method of depreciation is to be used. Projected annual cash inflows and outflows are as follows:
\table[[Year,\table[[Expected Annual],[Cash Inflows]],\table[[Expected Annual],[Cash Outflows]]],[1,$78000,$19000
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