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-/5 Sheffield Industries is considering the purchase of new equipment costing 51.400,000 to replace existing equipment that will be sold for $155.000. The new equipment

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-/5 Sheffield Industries is considering the purchase of new equipment costing 51.400,000 to replace existing equipment that will be sold for $155.000. The new equipment is expected to have a $220,000 salvage value at the end of its 5-year life. During the period of its use the equipment will allow the company to produce and sell an additional 33.000 units annually at a sales prke of $24 per unit Those units will have a variable cost of $10 per unit. The company will also incur an additional $82,000 in annual feed costs Identify the amount and timing of all cash flows related to the acquisition of the new equipment (Enter negative amounts using a negative sign preceding the number 08, 45 or parentheses es (451) Cash Flow Timing Amount Purchase of new equipment Salvage of old equipment Sales revenue Variable costs Additional fixed costs Salvage of new equipment

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