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Pique Corporation wants to purchase a new machine for $300.000. Management predicts that the machine can ptoduce sales of $200,000 each year for the next

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Pique Corporation wants to purchase a new machine for $300.000. Management predicts that the machine can ptoduce sales of $200,000 each year for the next 5 years. Expenses are expected to include direct materials, direct labor, and factory overhead (including depreciation) totaling $164,000 per year for net onerating income of $36,000. The firm uses straight-line depreciation with no residual value for all depreciable assets. Management requires a minimum after-tax rate of return of 105 on all nvestments. What is the net present value (NPV) of the investment

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