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Cost of new machine $ 1 4 6 , 0 0 0 The expected improvements from the new machine would allow for an increase in

Cost of new machine
$146,000
The expected improvements from the new machine would allow for an increase in membership fees. The CFO expects cash flows from the investment in the first three years to be $ 88 comma 000, $ 91 comma 000, and $ 103 comma 000. The company is subject to a 30% tax rate and has a required rate of return of 17% for all investment projects. The CCA rate is25% and the disposal value of the machine is $ 14 comma 500.
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Requirement 1. What is the total present value of the predicted cash inflows from the new machine? (Use factors to three decimal places, X.XXX. Use a minus sign or parentheses for a negative net present value. Round your final answer to the nearest whole dollar.)
What is the total present value of the predicted cash inflows from the new machine
Requirement 2. Is the investment profitable? (Use factors to three decimal places, X.XXX. Use a minus sign or parentheses for a negative net present value. Round your final answer to the nearest whole dollar.)
What is the net present value of the investment?
Is the investment profitable or not profitable

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