Question: Question 12 5 pts You are considering purchasing a new machine that will then replace your old machine. If the new machine is expected to

 Question 12 5 pts You are considering purchasing a new machine

Question 12 5 pts You are considering purchasing a new machine that will then replace your old machine. If the new machine is expected to have higher depreciation over that of the old machine next year of $6,099 and if the marginal corporate tax rate is 21%, then what is the after-tax cash flow from depreciation for one year of the new machine over that of the old machine. Round your answer to the nearest .01 and do not include a dollar sign in your

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