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Question 32 (3 points) What is the net investment for Jim Parker Services who require a pitting machine that will cost $35,000 including installation? The
Question 32 (3 points) What is the net investment for Jim Parker Services who require a pitting machine that will cost $35,000 including installation? The machine replaces an old machine that cost $5,000 when purchased five years ago. The old machine has been fully depreciated but has a market value of $6,000. Assume the marginal tax rate is 40 percent. $29,000 $32.600 $31,400 $34,505
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