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Purple Haze Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $559298 is estimated to result

Purple Haze Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $559298 is estimated to result in $208964 in annual pretax cost savings. The press falls in the MACRS five-year class, and it will have a salvage value at the end of the project of $104637. The shop's tax rate is 32 percent. What is the OCF for year 4?(Round your final answer to the nearest dollar amount. Omit the "$" sign and commas in your response.For example, $123,456.78 should be entered as 123457.)

Modified ACRS Depreciation Allowances (Table 10.7)

Year Three-Year Five-Year Seven-Year

1 33.33% 20.00% 14.29%

2 44.45 32.00 24.49

3 14.81 19.20 17.49

4 7.41 11.52 12.49

5 11.52 8.93

6 5.76 8.92

7 8.93

8 4.46

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