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Western Electronics (WE) is reviewing the following data relating to a new equipment proposal: $59,000 Net Initial investment outlay After-tax cash inflow from disposal of

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Western Electronics (WE) is reviewing the following data relating to a new equipment proposal: $59,000 Net Initial investment outlay After-tax cash inflow from disposal of the asset after 5 years $14,000 present value of an annuity of $1 at 129 for 5 years present value of $1 at 12% in 5 years 3. 605 0.567 WE expects the net after-tax savings in cash outflows from the investment to be equal in each of the 5 years. What is the minimum amount of after-tax annual savings including depreciation effects needed to make the investment yield a 12% return rounded to the nearest whole dollar)? $12,978. $14,164. $17,545. $15,756. $10,056

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