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Nick's Novelties, Incorporated, is considering the purchase of new electronic games to place in its amusement houses. The games would cost a total of $
Nick's Novelties, Incorporated, is considering the purchase of new electronic games to place in its amusement houses. The games would cost a total of $ have an eightyear useful life, and have a total salvage value of $ The company estimates that annual revenues and expenses associated with the games would be as follows:
tableRevenues$Less operating expenses:,$Commissions to amusement houses,InsuranceDepreciationMaintenance$
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