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A company can buy a machine that is expected to have a three-year life and a $42.000 salvage volue. The machine will cost $1,840,000 and

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A company can buy a machine that is expected to have a three-year life and a $42.000 salvage volue. The machine will cost $1,840,000 and is expected to produce a 5212,000 annual Income to be received at the end of each year Annual depreciation expense is $608,000 per year. If a table of present values of $1 at 128 show values of 0.8929 for one year 0.7972 for two years, and 0.711B for three years, what is the net present value of the cash flows from the investment discounted at 12%? Multiple Choice $1999,454 $159.454 $727 5053,704 3613.572

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