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Business, 26.06.2020 22:01 gwendallinesikes

Daily Enterprises is purchasing a $ 9.8 million machine. It will cost $ 51 comma 000 to transport and install the machine. The machine has a depreciable life of five years and will have no salvage value. The machine will generate incremental revenues of $ 4.2 million per year along with incremental costs of $ 1.5 million per year. If Daily's marginal tax rate is 35 %, what are the incremental earnings (net income) associated with the new machine? g

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