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Dawn Chemical decides to purchase new lab equipment for Chemical Department. The initial cost of the equipment is $80,000. The lab equipment will be last
Dawn Chemical decides to purchase new lab equipment for Chemical Department. The initial cost of the equipment is $80,000. The lab equipment will be last 6-years; at the end of the 6th year the equipment has a salvage value of $10,000. Company will have annual saving at $15,000 per year by the new lab equipment. The operation and maintenance cost is 12,000/year. Requirement: Make a cash flow table and diagram for the project
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