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Factor Company is planning to add a new product to its line. To manufacture this product, the company needs to buy a new machine at

Factor Company is planning to add a new product to its line. To manufacture this product, the company needs to buy a new machine at a $482,000 cost with an expected four-year life and a $16,100 salvage value. All sales are for cash, and all costs are out of pocket except for depreciation on the new machine. Additional information includes the following. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1)(Use appropriate factor(s) from the tables provided.)

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