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Breeze Corporation is a calendar year accrual basis taxpayer. During the current year, Breeze purchases a new business machine costing $10,000. The machine will be

Breeze Corporation is a calendar year accrual basis taxpayer. During the current year, Breeze purchases a new business machine costing $10,000. The machine will be depreciated for tax purposes ratably over the current and following four years. Using a discount rate of 6%, compute the after-tax cost of the machine.

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