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A company is considering replacing a machine with one that will save 50,000 per year in cash operating costs and have 20,000 more depreciation expense

A company is considering replacing a machine with one that will save 50,000 per year in cash operating costs and have 20,000 more depreciation expense per year than the existing machine.The tax rate is 40%.Buying the new machine will increase annual net cash flows for the company by?

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