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please answer the question by typing and show all steps clearly and thoroughly. 4. A bakery is considering the purchase of a $9,500 coffee maker.

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4. A bakery is considering the purchase of a $9,500 coffee maker. The coffee maker has an economic life of five years and will be fully depreciated by the straight-line method. The machine will produce 5,300 cups of coffee per year, with each costing $2.15 to make and priced at $4.25. Assume that the discount rate is 14 percent and the tax rate is 30 percent. Should the bakery make the purchase? (4 pts.)

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