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Magic Corporation, an amusement park, is considering a capital investment in a new exhibit. The exhibit would cost $134,262 and have an estimated useful life

Magic Corporation, an amusement park, is considering a capital investment in a new exhibit. The exhibit would cost $134,262 and have an estimated useful life of 6 years. It will be sold for $74,700 at that time. (Amusement parks need to rotate exhibits to keep people interested.) It is expected to increase net annual cash flows by $21,700. The company

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