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Heidi Company is considering the acquisition of a machine that costs $394,000. The machine is...

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Accounting

Heidi Company is considering the acquisition of a machine that costs $394,000. The machine is expected to have a useful life of 6 years, a negligible residual value, an annual net cash inflow of $123,000, and annual operating income of $85,774. The estimated cash payback period for the machine is (round to one decimal point)?

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