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Project A requires a $415,000 initial investment for new machinery with a five-year life and a salvage value of $47,500. The company uses straight-line depreciation.
Project A requires a $415,000 initial investment for new machinery with a five-year life and a salvage value of $47,500. The company uses straight-line depreciation. Project A is expected to yield annual net income of $24,500 per year for the next five years.
******can you help me calculate( calculate net income + depreciation =? ) Thank you
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