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Gluon Inc. is considering the purchase of a new high pressure glueb 11 It can purchase the gl eball for $160,000 and sell its old
Gluon Inc. is considering the purchase of a new high pressure glueb 11 It can purchase the gl eball for $160,000 and sell its old lo expenses. The opportunity cost of capital is 11%, and the firm's tax rate is 40% what is the equivalent anual savings from the purchase if Gluon uses straight-line depreciation? Assume the new machine will have no salvage value. (Do not round intermediate calculations. Round your answer to 2 decimal places.) quivalent annual savings
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