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DON Corp. is contemplating the purchase of a machine that will produce net after-tax cash savings of $27,000 per year for 5 years. At the

DON Corp. is contemplating the purchase of a machine that will produce net after-tax cash savings of $27,000 per year for 5 years. At the end of five years, the machine can be sold to realize after-tax cash flows of $5,800. Assuming a 8% 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.)

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