Question: View Policies Current Attempt in Progress Bridgeport Industries is considering the purchase of new equipment costing $1.280,000 to replace existing equipment that will be sold
View Policies Current Attempt in Progress Bridgeport Industries is considering the purchase of new equipment costing $1.280,000 to replace existing equipment that will be sold for $194,000. The new equipment is expected to have a 5220,000 salvage value at the end of its 5 years. During the period of its use, the equipment will allow the company to produce and sell an additional 32.800 units annually at a sales price of $29 per unit. Those units will have a variable cost of $15 per unit. The company will also incur an additional $86.000 in annual fixed costs. Identify the amount and timing of all cash flows related to the acquisition of the new equipment. (Enter negative amounts using a negative sign preceding the number os. 45 or parentheseses (451) Cash Flow Timing Amount Purchase of new equipment Salvage of old equipment Sales revenue Variable costs
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