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The Wayne Corp. is planning on investing in a new project. This will involve the...

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Accounting

The Wayne Corp. is planning on investing in a new project. This will involve the purchase of some new machinery costing $55,000. The Wayne Company expects cash inflows from this project as detailed below:
\table[[Year 1,Year 2,Year 3,Year 4],[$20,000,$22,500,$27,500,$20,000
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