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The Clampton Company is considering the purchase of a new machine to perform operations currently being performed on different, less efficient equipment. The purchase price

The Clampton Company is considering the purchase of a new machine to perform operations currently being performed on different, less efficient equipment. The purchase price is $110,000, delivered and installed. A Clampton production engineer estimates that the new equipment will produce savings of $30,000 in labor and other direct costs annually, compared with present equipment. He estimated the proposed equipment

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