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Build Corporation wants to purchase a new machine for $303,000. Management predicts that the machine can produce sales of $216,000 each year for the next

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Build Corporation wants to purchase a new machine for $303,000. Management predicts that the machine can produce sales of $216,000 each year for the next 5 years. Expenses are expected to include direct materials, direct labor, and factory overhead (excluding depreciation) totaling $71,000 per yeat The firm uses straight-line depreciation with no residual value for all deprecieble assets. Build's combined income tax rate is 40%. Management requires a minimum after-tox rate of return of 10% on all investments. What is the net present value (NPV) of the investment, founded to the nearest whole dollar? (The PV annuity factor for 5 years, 102 is 3791 ) Assume that the cash inflows occur at year-end. Multiple Choice ($325,255). $118,711. $164,203. $209,695. None of these

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