Question: Corona Ltd is considering a project proposal that would allow expansion of its operations by producing N95 masks. To produce the N95 masks, a manufacturing

Corona Ltd is considering a project proposal that would allow expansion of its operations by producing N95 masks. To produce the N95 masks, a manufacturing plant has to be purchased from an overseas nation which would cost $0.34 million. To store this machine, a storage shed has to be erected which would cost $27,000. Total importation cost is $59,000 while delivery cost is $300. What would be the installed costs of the new machine?

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