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Firm X is considening the replacement of an old machine with one that has a purchase peice of $85,000. The current market value of the

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Firm X is considening the replacement of an old machine with one that has a purchase peice of $85,000. The current market value of the old machine is $23,000 but the book vatue is $37,000. The firm's combined tax rate is 34%, What is the net cash outfow for the new machine after consldering the sate of the ofd machinc? Distegard the effect of depreciation of the new machine if acquired. Muitiple Choice $57,240 $53,840 563100 509590

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