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Compute what are the cash flows associated with the machine

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Problem 1: Sussman Industries purchased a drilling machine for $50,000 and paid cash. Sussman expects to use the machine for 20 years, after which it will have no value. It will be depreciated straight-line over the 20 years. Assume a tax rate of 41%. What are the cash flows associated with the machine. Round the answers to the nearest whole dollar. Show inflows as positives and outflows as negatives (using sign "-").

Reference no: EM132717107

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