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Copr., Goedl Milling, Inc. is considering a new milling machine. The machine costs $ 1 2 5 , 0 0 0 . They can received
Copr., Goedl Milling, Inc. is considering a new milling machine. The machine costs $ They can received a $ trade in allowance for the old milling machine. The new machine can be used to generate $ in annual revenue. Cash operation expenses are estimated to be $ per year. The machine has a useful life of years and annual depreciation expense would be $
The machine would require a $ maintenance in year The machine has an approximate salvage value of $ at the end of its useful life. The company has a minimum rate of return.
The present value of the annual revenue generated by the machine is
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