What value should be assigned to initial costs

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Question 1: Seven years ago, Inc. paid cash for machinery that cost $200,000. Four years ago, the firm spent $15,000 on repairs to the machinery. The machine is now fully depreciated (zero book value) and has just sat idly in a back corner of the shop for the past seven months. Inc. has determined the machinery can be sold today for $150,000. The firm is considering whether it should use this equipment in a new project or sell it. When evaluating the NPV of using it, what value should be assigned to it and included in the initial costs of the new project

Reference no: EM132591750

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