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Oriole Inc. is contemplating the purchase of an asset costing $49000 which will provide cost savings of $20000 in year 1,$20000 in year 2 and

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Oriole Inc. is contemplating the purchase of an asset costing $49000 which will provide cost savings of $20000 in year 1,$20000 in year 2 and $23000 in year 3 . The asset will have a salvage value of $5000. The company's required rate of return is 10%. The company uses straight-line depreciation. $11147. $8274 $6728 $554

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