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The Ellsworth Company is contemplating the replacement of their old printing machine with a new model costing $ 6 0 , 0 0 0 .
The Ellsworth Company is contemplating the replacement of their old printing machine with a new model costing $ The old machine; which originally cost $ has years of expected life remaining and a current book value of $ versus a current market value of $ Ellsworth's corporate tax rate is If Ellsworth sells the old machine at market value, what is the initial outlay aftertax for the new printing machine? Assume no taxes on the disposition of assets.
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