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Dartis Tools Co. is considering investing in a specialized equipment costing $500,000. The equipment has a useful life of 3 years and a residual value

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Dartis Tools Co. is considering investing in a specialized equipment costing $500,000. The equipment has a useful life of 3 years and a residual value of $0. Depreciation is calculated using the straight line method. The expected net cash inflows from the investment are given below: $200.000 Year 180.000 3 160,000 $540,000 What is the net present value from the investment at 10% discount rate? Present value of 51: 89 9 104 1 0.926 0.917 0.909 2 0.857 0.820 3 0.794 0.842 0.772 0.708 0.65 4 0.735 0.751 0.633 0.621 0.564 5 0.681 6 0.63 0.596 Present value of annuity of 51: 99 10 1 0.900 0.920 1.78 2 1.730 3 2577 50.92 1.750 2.31 324 3.00 44 4 21 5 3.701 3,098 4633 6 435 450,000 0 49.300 40, 160

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