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1. 2. MKF Corporation purchased new machinery for a list price of $100,000. The company paid sales tax of $2.300 and delivery and installation charges
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MKF Corporation purchased new machinery for a list price of $100,000. The company paid sales tax of $2.300 and delivery and installation charges of $3,800 to get the new machine up and running. MKF sold its old machine, which was completely depreciated and no remaining book value for $3,000 cash. MKF is subject to a 25% tax rate. Calculate the after-tax proceeds from the sale of the old machine. $2,000 $2.250 $1,500 $2.500 Colvern Corporation is considering the acquisition of a new computer-aided machine tool to replace an existing, outdated model. Relevant information includes the following. Annual after-tax cash flows for the project would amount to: $17,040. $22,800. $23,440. $8,400. 2.
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