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Calculate the initial investment in high-powered machine

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Reference no: EM133012492

Question - Bryson Sciences is planning to purchase a? high-powered microscopy machine for $390,000 and incur an additional $31,700 in installation expenses. It is replacing older microscopy equipment that can be sold for $116,000?, resulting in taxes from a gain on the sale of $43,000. Because of this? transaction, current assets will increase by $19,000 and current liabilities will increase by $5,700. Calculate the initial investment in the? high-powered microscopy machine.

Reference no: EM133012492

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