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ZZz company is considering an investment (at time/year = 0) in a machine that produces headphones. The cost of the machine is 93622 dollars with

ZZz company is considering an investment (at time/year = 0) in a machine that produces headphones. The cost of the machine is 93622 dollars with zero expected salvage value. Annual production in units during the 3-year life of the machine is expected to be (starting at time = 1) 8848, 11132, and 9355. The headphones sale price per unit is 13 dollars in year one and it is expected to increase by 8% per year thereafter. Production costs per unit will be 6 dollars in year one, and then increase by 5% per year. Depreciation on the machine is 10118 dollars per year, and the tax rate is 40%. Calculate the net cash flow at time/year = 2 (not present value). Assume all flows are at the end of each year. (note: round your answer to the nearest cent, and do not include spaces, currency signs, plus or minus signs, or commas)

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