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Kinky Coples may buy a high-volume coplec. The machine costs $100,000 and this cost can be fully depreciated immediately. Kinky anticipates that the machine actually

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Kinky Coples may buy a high-volume coplec. The machine costs $100,000 and this cost can be fully depreciated immediately. Kinky anticipates that the machine actually can be sold in 5 years for $30,000. The machine wili save $20,000 a year in (after-tax) labor costs but will require an increase in working capltal, mainly paper supplies, of $10.000. The firm's tax rate is 215 , and the discount rate is 8%. (Assume the net working capital will be recovered at the end of Year 5 .) What is the NPV of this project? Note: Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places

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