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You are contemplating the replacement of an old printing machine with a new model costing $ 5 4 , 0 0 0 . The old
You are contemplating the replacement of an old printing machine with a new model costing $ The old machine, which originally cost $ has years of expected life remaining and the current book value of $ versus the current market value of $ The firm's corporate tax rate is percent. If the company sells the old machine at the market value, what is the initial aftertax cash outlay for the new printing machine purchase?
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