Determine what would produce the cash flows for spices

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Reference no: EM13333999

Briarcrest Condiments is a spice-making firm. Recently, it developed a new process for producing spices. The process requires new machinery that would cost $2,224,349. have a life of five years, and would produce the cash flows shown in the following table.

Year	Cash Flow
1	$413,174
2	-283,982
3	1,017,301
4	793,179
5	881,681

Reference no: EM13333999

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