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I need it in 20 minutes Robbie's Rodeo Trailer Manufacturing and Sales is evaluating a possible investment in a new set of machines. The investment

I need it in 20 minutes

Robbie's Rodeo Trailer Manufacturing and Sales is evaluating a possible investment in a new set of machines. The investment will cost $1 million. The company's tax rate is 35%. Robbie is planning on selling the old machines for $225,000. The book value of the old machines is $100,000. Calculate the net cost of the investment in the new machines.

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