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What is the net investment required for a pitting machine that will cost $35,000 incltuding installation? The machine replaces a machine that depreciated but has

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What is the net investment required for a pitting machine that will cost $35,000 incltuding installation? The machine replaces a machine that depreciated but has a market value of $6,000. Assume the marginal tax rate is 40 percent A) $31,400 B) $29,000 C) $32,600 D) $34,505 cost $5,000 when purchased five years ago. The old machine has been fully

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