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**ACCOUNTING 2 QUESTION, 5 STARS FOR CORRECT ANSWER. THANKS! Manning Corporation is considering a new project requiring a $97,500 investment in test equipment with no

**ACCOUNTING 2 QUESTION, 5 STARS FOR CORRECT ANSWER. THANKS!

Manning Corporation is considering a new project requiring a $97,500 investment in test equipment with no salvage value. The project would produce $74,500 of pretax income before depreciation at the end of each of the next six years. The company

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