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Porch Inc. is considering to purchase a new machine to replace its old ones. The new machine will cost $520,000. An installation costs of $4,000

Porch Inc. is considering to purchase a new machine to replace its old ones. The new machine will cost $520,000. An installation costs of $4,000 will be needed. The existing machine will be sold off for $26,000 if new machine is bought, but will require a disposal fee of $2,600. Calculate the initial investment of this project

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