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Lor Industries is analyzing a capital investment proposal for new machinery to produce a new product over the next ten years.At the end of the

Lor Industries is analyzing a capital investment proposal for new machinery to produce a new product over the next ten years.At the end of the ten years, the machinery must be disposed of with a zero net book value but with a scrap salvage value of P20,000.It will require some P30,000 to remove the machinery.The applicable tax rate is 35%.The appropriate "end-of-life" cash flow based on the foregoing information is

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