The Mountain Jam Company purchased a machine 5 years ago for $70,000. It has an estimated life of 7 years from the time of purchase and is expected to have zero salvage value at the end of 7th year. The old machine can be sold today for $60,000. A new machine can be purchased for $69,300. It has a 2-year life and is expected to reduce operating expenses by $50,000 per year. Sales aren't expected to change. After 2 years, the new machine can be sold for $20,000. The company uses the straight-line method to calculate depreciation for both machines. The tax rate is 40%. What is the cash flow from the replacement project for Year 1?
◦ $27,684
◦ $34,316
◦ $39,860
◦ $50,000
◦ $31,544
Estrela Mountain Dog
Jan de Heem, Still Life with Lobster.
Jan de Heem, Still Life with Lobster.
Extinction and extirpation per years
Earth 150 Million Years Ago