The M & M Company is purchasing a new chocolate mold for $265, 000. It cost the company $46, 000 to install the device. The mold has a useful life of 12 years, but it is being depreciated using the 7 years MACRS property class (1/2 year convention). Therefore, the depreciation allowance for year 2 is: $25, 917 $44, 442 $76, 164 $54, 394 An automobile manufacturing company is considering purchasing an industrial robot to do spot welding. The installed cost for the robot is $210.000 and the annual labor savings are estimated to be $150.000. What are the revenues for this project? $210, 000 $150, 000 $210, 000 $150, 000