Firm X is considering the replacement of an old machine with one that has a purchase price of $70,000. The current market value of the old machine is $21,000 but the book value is $35,000. The firm's combined tax rate is 36%. What is the net cash outflow for the new machine after considering the sale of the old machine? Disregard the effect of depreciation of the new machine if acquired.

Multiple Choice:

$43,960

$40,560

$49,830

$56,310

Firm X is considering the replacement of an old machine with one that has a purchase price of $70,000. The current market vasue of the old machine is $21,000 but the book value is $35,000. The firms combined taxiate is 36\%. What is the net cash outfow for the new machine aher considering the sale of the old machine? Disregard the effect of depreciation of the new machine if acquired Mulspie Choike 543960 $40.560 549830 $56.390 Firm X is considering the replacement of an old machine with one that has a purchase price of $70,000. The current market vasue of the old machine is $21,000 but the book value is $35,000. The firms combined taxiate is 36\%. What is the net cash outfow for the new machine aher considering the sale of the old machine? Disregard the effect of depreciation of the new machine if acquired Mulspie Choike 543960 $40.560 549830 $56.390