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Show all work and steps (no excel) Thanks 6) ( 28 points) A company is considering the purchase of a new automated assembly machine to

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6) ( 28 points) A company is considering the purchase of a new automated assembly machine to increase its production capacity. The initial cost of the machine is $480,000. It is expected to increase the company's annual revenue by $200,000. The annual O\&M costs are estimated to be $40,000. The machine's estimated salvage value at the end of its useful life of 4 years is expected be $72,000. This new machine is a MACRSGDS 3-year property for calculating depreciation deductions. The effective tax rate is 35%. a) (20 points) For this new machine, determine the after-tax cash flow for each year of operation. (Round off values to the nearest dollar)

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