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Determine the amount of the estimated average income

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Question - Determine the amount of the estimated average income for a proposed investment of $67,355.00 in a fixed asset, with a useful life of four years, straight-line depreciation, no residual value, and an expected total net income of $20,098.00 for the 4 years (round to two decimal points).

Select the correct answer.

$13,579.50

$5,024.50

$16,838.75

$20,098.00

Reference no: EM131764951

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