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Business, 31.08.2021 18:10 amusgrave2775

Rory Company has a machine with a book value of $97,000 and a remaining five-year useful life. A new machine is available at a cost of $120,500, and Rory can also receive $84,000 for trading in its old machine. The new machine will reduce variable manufacturing costs by $16,500 per year over its five-year useful life. Required:
Calculate the incremental income.

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Rory Company has a machine with a book value of $97,000 and a remaining five-year useful life. A new...
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