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City Hospital, a taxpaying entity, estimates that it can save $33,000 a year in cash operating costs for the next 8 years if it buys

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City Hospital, a taxpaying entity, estimates that it can save $33,000 a year in cash operating costs for the next 8 years if it buys a special purpose eye-testing machine at a cost of $140,000. No terminal disposal value is expected. City Hospitals required rate of retum is 14%. Assume al cash flows occur at your end except for initial Investment amounts. City Hospital uses straighine depreciation. The income tax rate is 31% for all transactions that affect income taxes (Click the loon to view the Future Value of $1 factors.) (Click the icon to view the Future Value of Annuity of $1 factors.) (Click the icon to view the Present Value of $1 factors.) Click the icon to view the Present Value of Annuity of $1 factors.) Read the requirements Requirement 1. Calculate the following for the special purpose eye-testing machine Net present Vahu (NPR) (Round interim calculations and your final answers to the nearest whole dolu. Use a minus sign or parentheses for a negative net present value) 11.247 42 The nel present values

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