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Calculating 'cash flows over the life' Birdseye Corporation ( BIRD ) is considering whether to replace its old chicken cutting machine with a new one

Calculating 'cash flows over the life'
Birdseye Corporation (BIRD) is considering whether to replace its old chicken cutting machine with a new one that costs $320,000 immediately. Inghams Company will buy the old cutting machine today for $80,000.
The new cutting machine is able to reduce annual operating expenses by $90,000 each year from $450,000. BIRD will raise $133,000 through a private placement to partly fund the machine.
Last month, BIRD paid $3,400 in consulting fees for advising on the decision to purchase a new cutting machine.
The old cutting machine was generating sales of $500,000 annually. The old cutting machine was incurring depreciation expenses of $10,000 per year, and has 20 years left until it reaches the end of its useful life.
The new cutting machine will generate yearly sales which are 15% higher when compared to the sales generated by the old machine.
This new cutting machine has a 20-year life for tax purposes. Assume the company tax rate is 30%.
What are the 'cash flows over the life'?

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