Question: Johnson Electronics purchased a $ 1 5 , 0 0 0 machine to replace an old machine that is sold today for $ 6 ,
Johnson Electronics purchased a $ machine to replace an old machine that is sold today for $ Both machines are in the same class, with a depreciation rate. The new machine allows the company to hold lower inventory, so the company will decrease inventory by $ What are the initial cash flows associated with this replacement project?
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