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Tanaka Machine Shop is considering a fout year project to improve its production efficiency. Buying a new machine press for ( $ 401,000 ) 15

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Tanaka Machine Shop is considering a fout year project to improve its production efficiency. Buying a new machine press for \\( \\$ 401,000 \\) 15 estimated to result in \\( \\$ 147,000 \\) in annual pretax cost savings. The press falls in the MACFS five-year class (MACRS schedule). ond it will have a salvage value ot the end of the project of \\( \\$ 48,000 \\). The press also requires an initial investment in spore ports inventory of \\( \\$ 15,300 \\), along with an oddinonal \\( \\$ 2,300 \\) in inventory for each succeeding year of the project. The shop's tax rate is 23 percent and its discount rate is 10 percent Calculate the depreciation for each yeer of the project Note: Do not round infermediate calculations and round your answers to the nearest whole number, e.g., 32 Caiculate the aftertax saivage volve for the ecoipment at the end of the project Note: Do not round intermediate calculotions and round your answer to the nearest whole number, e., 32. Calculate the operating cash flow for each year of the project. Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32. Answer is complete but not entirely correct. Calculate the NPV. Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16

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