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Bulld Corporation wants to purchase a new machine for $315,000, Management predicts that the machine can produce sales of $213,000 each year for the next

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Bulld Corporation wants to purchase a new machine for $315,000, Management predicts that the machine can produce sales of $213,000 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 year. The firm uses straight-line depreciation with no residual value for all depreciable assets. Builds combined Income tax rate is 50%, Management requires a minimum after tax rate of return of 10% on all investments What is the net present value (NPV) of the investment, rounded to the nearest whole dollar (The PV annuity factor for 5 years, 10% is 3.791) Assume that the cash inflows occur at year and

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