30. Adam Smith is considering automating his pin factory with the purchase of a $475,000 machine. Shipping and installation would cost $5,000. Smith has calculated that automation would result in savings of $45,000 a year due to reduced scrap and $65,000 a year due to reduced labor costs. The machine has a useful life of 4 years and falls in the 3-year property class for depreciation purposes. The estimated final salvage value of the machine is $130,000. The firm's marginal tax rate is 34 percent. Calculate the incremental cash inflow (ignore tax). (Answer in the format $375,987) 31. Assume the following cost of goods sold data for a company: 2002 2001 2000 1999 $2,000,000 1,500,000 1,200,000 900,000 If 1999 is the base year, what is the percentage increase in cost of goods sold from 1999 to 2001? (Answer to the nearest percentage, no decimals)