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Cogswell Cola purchased a machine for $237,500. The firm paid another $5,750 for delivery and installation. In addition the firm will have to hire another

Cogswell Cola purchased a machine for $237,500. The firm paid another $5,750 for delivery and installation. In addition the firm will have to hire another employee and pay them $50,000 per year to run the machine. What is the initial outlay for this machine? ANSWER Unselected $243,250 Unselected $237,500 Unselected $293,250 Unselected I DON'T KNOW YET

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