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20. A special machine can save $11,200 per year in cash operating expenses for the next 10 years. The cost is $44,000. No sal


20. A special machine can save $11,200 per year in cash operating expenses for the next 10 years. The cost is $44,000. No sal
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Solution 20 Depreciation Cost/year 44000/10 4400 CFAT (Saving - depreciation) x (1 - tax rate) + depreciation (11200 - 4400)

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