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mod 10 q4 Milling, Inc. is considering a new milling machine....

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Accounting

mod 10 q4
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Milling, Inc. is considering a new milling machine. The machine costs $125,000. They can received a $15,000 trade in allowance for the old milling machine. The new machine can be used to generate $35,500 in annual revenue. Cash operation expenses are estimated to be $14,500 per year. The machine has a useful life of 15 years and annual depreciation expense would be $9,500. What would be the required investment for the new machine? $125,000$110,000$100,500$90,000

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