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tints 7,_-__ e of $44,000 and a remaining 9 equipment with a book valu zero salvage value. The Granfield Company has a piece of manufacturin

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tints 7,_-__\\ e of $44,000 and a remaining 9 equipment with a book valu zero salvage value. The Granfield Company has a piece of manufacturin the equipment will have a useful life of four years. At the end of the four years market value of the equipment is currently $22,800. Gr and receive $22,800 in return for trading in its old mac manufacturing costs by $19,800 per year over the four- decrease in net income by replacing the current machin hine. The new machine will reduce variable year life of the new machine. The total increase or e with the new machine (ignoring the time value of money) is

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