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https://www.chegg.com/homework-help/questions-and-answers/datapoint-engineering-considering-purchase-new-piece-equipment-360-000-eight-year-midpoint-q52546119?trackid=0814f691ea19&strackid=8795f7ba5b85 DataPoint Engineering is considering the purchase of a new piece of equipment for $360,000. It has an eight-year midpoint of its asset depreciation range

https://www.chegg.com/homework-help/questions-and-answers/datapoint-engineering-considering-purchase-new-piece-equipment-360-000-eight-year-midpoint-q52546119?trackid=0814f691ea19&strackid=8795f7ba5b85

DataPoint Engineering is considering the purchase of a new piece of equipment for $360,000. It has an eight-year midpoint of its asset depreciation range (ADR). It will require an additional initial investment of $180,000 in nondepreciable working capital. $65,000 of this investment will be recovered after the sixth year and will provide additional cash flow for that year. Income before depreciation and taxes for the next six are shown in the following table. Use Table 1211, Table 1212. Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods.

d-1. Determine the net present value. (Use the WACC from part c rounded to 2 decimal places as a percent as the cost of capital (e.g., 12.34%). Do not round any other intermediate calculations. Round your answer to 2 decimal places.)

d-1 Based on the calculation 49,126.95 is incorrect, please resolve it.

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