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Calculate the equivalent annual cost of the machine

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Reference no: EM133076585

Given the following information:

Sales per unit: $80VC per unit: $25FC: $1,000,000Tax rate: 21%Rate: 10%

Equipment costs: $800,000

Machine life: 5 years

Depreciation: straight-line

Calculate the equivalent annual cost of the machine. (Round to 2 decimals)

Reference no: EM133076585

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