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Premier Steel is purchasing a new machine and it expects the machine to generate additional sales of $90,000 and operating expenses of $25,000. If the

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Premier Steel is purchasing a new machine and it expects the machine to generate additional sales of $90,000 and operating expenses of $25,000. If the depreciation expense to be taken on the new machine in its first year is $36,960, and it has a tax rate of 40%, what is the expected after-tax cash flow the machine will generate in year 1? O $35.238 O $86,999 O $42,512 O $53,784

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