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Nokela Industries purchases a $ 3 8 . 4 million cyclo - converter. The cyclo - converter will be depreciated by $ 9 . 6

Nokela Industries purchases a $ 38.4 million cyclo-converter. The cyclo-converter will be depreciated by $ 9.6 million per year over four years, starting this year. Suppose Nokela's tax rate is 25%.
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