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What will be the annual cash outflows for Mimi Inc. if it leased a milling machine for $ 8 , 2 0 0 per year

What will be the annual cash outflows for Mimi Inc. if it leased a milling machine for $8,200 per year for 5 years. Assume that the new machine cost $42,000 and will depreciate on a straight line basis over the 5 years and that Mimi has a tax rate of 32 percent.
Question 15Select one:
a.
- $5,576
b.
$42,000
c.
-$8,264
d.
$33,800
e.
- $2,688

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