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Mae Corporation is considering the purchase of a machine that would cost $220.000 and would...

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Accounting

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Mae Corporation is considering the purchase of a machine that would cost $220.000 and would lost for 5 years. At the end of 6 years, the machine would a salvage value of $21.500 By reducing labor and other operating costs, the machine would provide annual cost savings of $46.000. The company requires a un pretax return of 10% on all rivestment projects. ignore income taxes) et persent value of the proposed project is closest to tiple Choice CT $22.000 D$16,464 $56.0001 $17.544

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