Question: An injection molding machine can be purchased and installed for $120000. It is in the seven-year GDS property class and is expected to be kept

 An injection molding machine can be purchased and installed for $120000.

An injection molding machine can be purchased and installed for $120000. It is in the seven-year GDS property class and is expected to be kept in service for 8 years. It is believed that $10000 can be obtained when the machine is disposed of at the end of year 8. The net annual value added (ie, revenues less expenses) that can be attributed to this machine is constant each year and amounts to $37000. An effective income tax rate of 35% is used by the companyand the after-tax MARR equals 18% per year. What is the AW of the after-tax cash flow? (Please round your answer to nearest integer)

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