Business, 12.04.2021 22:50, Needalittlehelp

Haven Inc. is considering the purchase of a new machine for its business. Their current machinery cost $250,000 and has accumulated depreciation of $50,000. The new machine costs $350,000; the old machine can sell for $210,000. Both machines are expected to last another 7 years from today. The new machine would increase efficiency and save the business $25,000 per year for the 7 year life. Should Haven replace their machinery with the new machine? Ignore the time value of money. a. No, the net cash outflow is $(15,000)
b. No, the net cash outflow is $(350,000)
c. None of the above answers is correct
d. No, the net cash outflow is $(115,000)
e. Yes, the net cash inflow is $35,000

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Haven Inc. is considering the purchase of a new machine for its business. Their current machinery co...