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/1357966/quizzes/1979004/take O 7.63% Question 11 1 pts Metro Corporation will spend $1 million for special manufacturing equipment. Shipping and installation charges will amount to $175,000

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/1357966/quizzes/1979004/take O 7.63% Question 11 1 pts Metro Corporation will spend $1 million for special manufacturing equipment. Shipping and installation charges will amount to $175,000 and an initial increase in net working capital of $50,000 will be required. The equipment will replace an existing machine that has a salvage value of $85,000 and a book value of $130,000. If Metro has a current marginal tax rate of 34%, what is the amount of the initial outlay for this project? $1,124,700 O $1.140,000 O $1.240,300 $1,225,000 $1.243.700 Question 12 1 pts ED G

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