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Company H is planning to purchase a machine for $100,000 and will incur an additional $10,000 in installation expenses. It is replacing a similar machine
Company H is planning to purchase a machine for $100,000 and will incur an additional $10,000 in installation expenses. It is replacing a similar machine that can be sold for $30,000. Because of this transaction, the companys current assets will increase by $6,000 and current liabilities will increase by $3,000. Calculate the initial investment in this equipment.
Options: 83000 , 100000 , 110000 , 80000
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