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Julio's Company purchased a $390,000 machine that has a 4-year life and no salvage value. The company uses straight-line depreciation on all asset acquisitions and
Julio's Company purchased a $390,000 machine that has a 4-year life and no salvage value. The company uses straight-line depreciation on all asset acquisitions and is subject to a 30% tax rate. What would the proper cash flow to show in a discounted-cash-flow analysis as occurring at time 0 would be?
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