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please provide an explanation and answer thanks Homework: Ch. 9C - Cash Flow Score: 0.5 of 1 pt Problem 10-1 (algorithmic) Save 1 of 2

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Homework: Ch. 9C - Cash Flow Score: 0.5 of 1 pt Problem 10-1 (algorithmic) Save 1 of 2 (2 complete) Hw Score: 75%, 1.5 of 2 pts Question Help * A firm is considering purchasing a machine that costs $64,000. It will be used for six years, and the salvage value at that time is expected to be zero. The machine will save $43,000 per year in labor, but it will incur $16,000 in operating and maintenance costs each year. The machine will be depreciated according to five-year MACRS The firm's tax rate is 40%, and its after-tax MARR is 13%. Should the machine be purchased? Click the icon to view the MACRS depreciation schedules. Click the icon to vew the interest actors for discrete compounding when i-13% per year. The present worth of the project is .(Round to the nearest dollar.)

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