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The Thomas Company wishes to buy a $64,229 piece of equipment with an estimated useful life...

The Thomas Company wishes to buy a $64,229 piece of equipment with an estimated useful life of 14 years and an estimated $7,087 salvage value. Annual cash inflows and outflows are targeted at $25,953 and $17,107 respectively. Straight-line depreciation will be used and a 31% tax rate is applicable. The net annual cash benefit would be: Answer to nearest whole dollar without any commas, decimal points, or words (e.g. 1000 not 1,000.00 or increase 1000). Enter a negative number as -10 not (10).

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