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Firm X is considering the replacement of an old machine with one that has a purchase price of $ 7 5 , 0 0 0
Firm X is considering the replacement of an old machine with one that has a purchase price of $ The current market value of the old machine is $ but the book value is $ The firm's tax rate for ordinary income is What is the next cash outflow for the new machine after considering the sale of the old machine?
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