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Sussman industries purchased a drilling machine for 50000

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Sussman industries purchased a drilling machine for $50,000 and paid cash. Sussman expects to use the machine for ten years after which it will have no value. It will be depreciated straight-line over the 10 years. Assume a marginal tax rate of 40%. What are the casg flows associated with the machine at the time of purchase?

Reference no: EM13597645

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