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A firm is considering purchasing a machine that costs $53,000. It will be used for six years, and the salvage value at that time is

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A firm is considering purchasing a machine that costs $53,000. It will be used for six years, and the salvage value at that time is expected to be zero. The machine will save $39,000 per year in labor, but it will incur $9,000 in operating and maintenance costs each year. The machine will be depreciated according to five-year MACRS The firm's tax rate is 35%, and its after-tax MARR is 10% Should the machine be purchased? Click the icon to view the MACRS depreciation schedules Click the icon to view the interest factors for discrete compounding when ,-10% per year The present worth of the project is (Round to the nearest dollar )

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