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Operating cash inflows Strong Tool Company has been considering purchasing a new lathe to replace a fully depreciated lathe that would otherwise last 5 more

Operating cash inflowsStrong Tool Company has been considering purchasing a new lathe to replace a fully depreciated lathe that would otherwise last 5 more years. The new lathe is expected to have a5-year life and depreciation charges of $ 2 comma 000 in Year1; $ 3 comma 200 in Year2; $ 1 comma 900 in Year3; $ 1 comma 200 in both Year 4 and Year5; and $ 500 in Year 6. The firm estimates the revenues and expenses(excluding depreciation and interest) for the new and the old lathes to be as shown in the following table LOADING.... The firm is subject to a 21% tax rate on ordinary income.
a. Calculate the operating cash inflows associated with each lathe.(Note: Be sure to consider the depreciation in year6.)

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