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DON Corp. Is contemplating the purchase of a machine that will produce net after-tax cash savings of $22,000 per year for 5 years. At the

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DON Corp. Is contemplating the purchase of a machine that will produce net after-tax cash savings of $22,000 per year for 5 years. At the end of five years, the machine can be sold to realize after-tax cash flows of $6,000. Assuming a 9% discount rate, calculate the total present value of the cash Inflows and the cash savings from the machine. (FV of $1. PV of $1. FVA of $1 and PVA of $1. (Use appropriate factor(s) from the tables provided. Round final answer to the nearest whole dollar.) Total present value of the cash savings

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