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Help Save & E A company is planning to purchase a machine that will cost $35.400 with a six-year life and no salvage value. The

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Help Save & E A company is planning to purchase a machine that will cost $35.400 with a six-year life and no salvage value. The com units evenly throughout each year. A projected income statement for each year of the asset's life appears below. What is the pany expects to sell the machine's output of 3000 Sales Costs: Manufacturing Depreciation on machine Selling and administrative expenses Income before taxes Income tax (35%) Net income 106,000 $51,300 5,9e0 46,000 (103,20e) $2,800 980) $1,820 Multiple Choice 514% 10.28% 33.33%. 50.00%

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