Find the initial outlay for a replacement project The machine will cost $60,000 (it will cost an additional $10,000 to install, shipping was another $5,000) The machine will be replacing an older machine that was originally purchased for $10,000 and can be sold for $12,000 The machine has a useful life of 10 years and the marginal tax rate is 35% Find the initial outlay for a replacement project The machine will cost $60,000 (it will cost an additional $10,000 to install, shipping was another $5,000) The machine will be replacing an older machine that was originally purchased for $10,000 and can be sold for $12,000 The machine has a useful life of 10 years and the marginal tax rate is 35%