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Bryson Sciences is planning to purchase a high-powered microscopy machine for $382,000 and incur an additional $31,000 in installation expenses. It is replacing older
Bryson Sciences is planning to purchase a high-powered microscopy machine for $382,000 and incur an additional $31,000 in installation expenses. It is replacing older microscopy equipment that can be sold for $116,600, resulting in taxes from a gain on the sale of $42,400. Because of this transaction, current assets will increase by $20,000 and current liabilities will increase by $5,800. Calculate the initial cash flow in the high-powered microscopy machine. The initial cash flow is $ (Round to the nearest dollar.)
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