Your company wants to bid on the sale of 10 customized machines per year for five years. The initial costs for the project are 1.6 million with a salvage value of 800000 after five years. The manufacturing equipment belongs in a 30% CCA class. Annual fixed costs are estimated at $700000. Variable cost per machine is 81500. The project requires net working capital of $120000. The company has a 34% tax rate and desires a 15% return on the project. What is the minimum price that the company should bid per single machine?

a. 221009

b. 219887

c. 197320

d. 212028

e. 223619

IV (19) Your co. wauts to bid on sale of 10 customized macliones per yean for 5 yeas. Initial cost $1.6 million wites a salvage value of $800,000 after 5 years. The manufactuing eqcipment belongs in 300p CCA class. Annual 8 8!500. The estimated 1700,000 . voriable bott oor machine B/20000. The coinar 34% pojed requires net working capital of B120 is minum price tax rate 2 desires 15 p rotum. What that coo should bid pes single