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Raleigh Research, a taxpaying entity, estimates that it can save $28,000 a year in cash operating costs for the next 10 years if it buys

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Raleigh Research, a taxpaying entity, estimates that it can save $28,000 a year in cash operating costs for the next 10 years if it buys a special purpose eye testing machine at a cost of $110.000. No terminal disposal value is expected. Raleigh Research's required rate of return is 12% Assume all cash flows occur at year end except for initial investment amounts. Raleigh Research uses straight-line depreciation. The income tax rate is 30% for all transactions that affect income taxes (Click the icon to view the Future Value of $1 factors) (Click the icon to view the Future Value of Annuity of $1 factors.) (Click the icon to view the Present Value of $1 factors) (Click the icon to view the Prosent Value of Annuity of $1 factors.) Read the requirements Requirement 1. Calculate the following for the special-purpose eye testing machine Net present value (NPR) (Round interim calculations and your final answers to the nearest whole dollar. Use a minus sign or parentheses for a negative net present value) The net present value is $ Enter any number in the edit fields and then continue to the next

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