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Your rm is planning to install a new capping machine at the apple juice factory. This machine is considered a special handling device for food

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Your rm is planning to install a new capping machine at the apple juice factory. This machine is considered a special handling device for food and beverage manufacture and has an initial cost of$350,000. The capping machine is expected to generate net income ofSl 15,000 per year for the next 4 years. Using bonus depreciation of 40% followed by HACKS. $30,000 salvage value, I federal tax rate of2i%. a state tax rate of 5.75%. and an after-tax MARE of 6%. determine the net present worth of this investment

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