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GI Jane, Corporation is considering the purchase of a machine that would cost $400,000. This machine will last 5 years; at the end of which,

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GI Jane, Corporation is considering the purchase of a machine that would cost $400,000. This machine will last 5 years; at the end of which, the machine would have a salvage value of $67,000. The machine will reduce labor and other costs by $109,000 per year. GI Jane would need additional working capital of $4,000 immediately, all of which would be recovered at the end of 5 years. The company requires a minimum return of 12% on all investment projects. Required: Prepare a Table that determines the net present value of this machine. Figur

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