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please see photos Athough the Chen Company's milling machine is old, it is still in relatively good working order and would last for another 10

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Athough the Chen Company's milling machine is old, it is still in relatively good working order and would last for another 10 years. it is inefficient cormpared to modern standards, though, and so the company is considering replacing it. The new maling machine, at a cost of $110,000 dellvered and installed, would also last for 10 years and would produce aftertax cash flons (labor savings and depreciation tax savings) of 120,000 per yeac. It would have zero salvage value at the end of its life. The project cost of capitar is 9%, and its marginat tax rate is 25%. Should Chen buy the new machine? Do not round intermediate calculations. Round your answer to the nearest cent. Negative value, if any, should be indicated by a minus sign. NPV: 1 Chen purchase the new machine. a What it othe thar- 4 net cash fon? W. What ave thi hat oberoting caik hew an Fean 1,2 , and 37 Fear 11 wear 2,4 tear 31 A. If the irsiecto ceat of caskal a 11s, ahat in the hev ar the irojeit? shived eke masture be irarihaieit

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