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Each Question stands alone. Given the above information: a) Calculate the depreciation expense per year using the straight linemethod. b) Compute the present value of

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Each Question stands alone. Given the above information: a) Calculate the depreciation expense per year using the straight linemethod. b) Compute the present value of the yearly cash flows (all 5 years) using a 4% interest (or discount) rate. Hint - use the present value annuity table in your text. Use only the revenue that is projected for each year (ignore depreciation). c) Subtract the original cost of the MRI machine from your answer in b. d) Determine if the project will generate enough cash for the total 5 years to pay for the machine. Hint - just a yes or no. e) Explain your answer to letter d in a few short sentences. f) What other factors should be considered before finalizing your decision

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