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Pique Corporation wants to purchase a new machine for $303,000. Management predicts that the machine can produce sales of $216,000 each year for the next

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Pique Corporation wants to purchase a new machine for $303,000. Management predicts that the machine can produce sales of $216,000 each year for the next 4 years. Expenses are expected to include direct materials, direct labor, and factory overhead (excluding depreciatio totaling $71,000 per year. The firm uses straight-line depreciation with no residual value for all depreciable assets. Pique's combined incom tax rate is 40%. Management requires a minimum after-tax rate of return of 12% on all investments. What is the net after-tax cash inflow in Year 1 from the investment? $93,300 $29,300 $129,300 $141,300. $117,300. $133,300

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