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Brewer Vending Machine Company plans to replace 1 0 of its vending machines with newer models. The current machines were purchased three years ago for

Brewer Vending Machine Company plans to replace 10 of its vending machines with newer models. The current machines were purchased three years ago for $8,000 each and are being depreciated straight-line to a salvage value of $2,000 five years from now. The machines collectively generate annual revenue of $30,000 and annual expenses of $12,000. The newer machines can be purchased for $12,000 each and would be depreciated straight-line to a salvage value of $7,000 five years from now. The new machine would generate annual sales of $40,000 because of less downtime than the old machines and the annual expenses of $8,000(smaller repair bills than the old machines). If Brewer's marginal tax rate is 40%, what will be the incremental change in its annual cash flow if the old machines are replaced? What will be the free cash flow each period from "0" to "5"? Your spreadsheet should look like the following with some, or all of the items listed below.
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