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Gama industry has purchased an injection molding machine at a cost of $100,000. The machine's useful life is estimated at 8 years. The accounting department
Gama industry has purchased an injection molding machine at a cost of $100,000. The machine's useful life is estimated at 8 years. The accounting department has estimated the capital cost for this machine at about $25,455 per year. If your firm's MARR is 20%, how much salvage value do you think the accounting department assumed at the end of 8 years? Select one: a. $11,000 b. $12,000 c. $9,000 d. $10,000
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