Question: You are considering purchasing a CNC machine which costs $179000. This machine will have an estimated service life of 8 years with a net after-tax

You are considering purchasing a CNC machine which costs $179000. This machine will have an estimated service life of 8 years with a net after-tax salvage value of $17000. Its annual after-tax operating and maintenance costs are estimated to be $54000. To expect an 15% rate of return on investment, what would be the required minimum annual after-tax revenues?

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