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Due to expected increases in sales, the Target Copy Company is contemplating purchasing a new printing machine costing $481. To accomodate the new sales, the

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Due to expected increases in sales, the Target Copy Company is contemplating purchasing a new printing machine costing $481. To accomodate the new sales, the company will need to purchase additional inventory of $33, part of which will be financed by an increase in accounts payable of $12. Target's corporate tax rate is 37 percent. What is the initial after-tax outlay for the new printing machine? Since this is a cash outlay, be sure to use the - sign when writing your answer. Do not use the $ symbol. Your

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