If MARR is 12% per year before taxeshow much can the company spend to repair the existing machine?

A company is considering replacing a machine that was bought six years ago for $50000. The machine Show more A company is considering replacing a machine that was bought six years ago for $50000. The machine however can be repaired and its life extended by ve more years. If the current machine is replaced the new machine will cost $44000 and will reduce the operating expenses by $6000 per year. The seller of the new machine has offered a trade-in allowance of $15000 for the old machine. If MARR is 12% per year before taxeshow much can the company spend to repair the existing machine? Choose the closest answer. Answers: a. $22371 b. $50628 c. $7371 d. -$1000 Please Show Your Work Show less

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