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  3. equipment costs $380,800 and has a 10-year lite an

equipment costs $380,800 and has a 10-year lite and no salvage value. B?B Company requires...

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Accounting

equipment costs $380,800 and has a 10-year lite and no salvage value. B?B Company requires at least an 9% return on th investment. The expected annual income for each year from this equipment follows: (PV of $1,FV of $1, PVA of $1, and FVA appropriate factor(s) from the tables provided.)
Sales of new product
$238,000
Expenses
\table[[Materials, labor, and overhead (except depreciation),83,000],[Depreciation-Equipment,38,080],[Selling, general, and administrative expenses,23,800],[ncome,$93,120
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