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23. Project Evaluation (LBJ, 2} In the previous problem, suppose your required return on the project is 20 percent, your protax cost savings are now

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23. Project Evaluation (LBJ, 2} In the previous problem, suppose your required return on the project is 20 percent, your protax cost savings are now $300,000 per year, and the machine can be depreciated at 30 percent (Class 10). Will you accept the project? What if the pretax savings are only $240,000 per year? At what level of pretax cost savings would you be indifferent between accepting the project and not accepting it

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