Question: Incorrect Question 10 0 / 25 pts Swindler Ltd has completed a feasibility study costing $21,219 to determine if there is any benefit in purchasing

 Incorrect Question 10 0 / 25 pts Swindler Ltd has completed

Incorrect Question 10 0 / 25 pts Swindler Ltd has completed a feasibility study costing $21,219 to determine if there is any benefit in purchasing a new asset. The machine will cost $279,159 and an additional $19,683 will need to spent to have the machine in operational state. Before the machine can be used staff must be trained at a further cost of $9,066. The project is expected to last for 5 years and the Taxation Office has confirmed this. At the end of the project the machine will be fully depreciated. Initial advertising costs are expected to $35,291 and additional stock of $6,040 will be needed. Wages will change from $91,075 to $69,471 and Fixed Costs will remain at $59,920. The new machine is expected to produce sales of $1,048,319 in the first year and will grow by 11% each year of the project. Material costs will be 26% of sales in each year. You are required to calculate the net cash flow (round to the nearest dollar and DO NOT include $ sign) that would appear in Year of a Capital Budget. Assume the Australian Company tax Rate applies. 313,948

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