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Where did I got a mistake? A machine costs $410,000, has a $26,000 salvage value, is expected to last eight years, and will generate an
Where did I got a mistake?
A machine costs $410,000, has a $26,000 salvage value, is expected to last eight years, and will generate an after-tax income of $75,000 per year after straight-line depreciation. (Round your answers to the nearest whole dollar.) Cash Flow Select Chart Amount PV Factor 5.3349 $ $ Annual cash flow Residual value Present Value of an Annuity of 1 Present Value of 1 123,000 26,000 Present Value 656,193 12,129 668,322 $ 0.4665 $ Present value of cash inflows Immediate cash outflows (410,000) 258,322 X Net present value $Step by Step Solution
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