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Question: larson manufacturing is considering purchasing a new injectionmolding machine for...

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Larson Manufacturing is considering purchasing a new​ injection-molding machine for ​$270,000 to expand its production capacity. It will cost an additional ​$20,000 to do the site preparation. With the new​ injection-molding machine​ installed, Larson Manufacturing expects to increase its revenue by ​$87,000 per year. The machine will be used for six ​years, with an expected salvage value of ​$75,000. At an interest rate of 10​%, would the purchase of the​ injection-molding machine be​ justified?

The present worth of the project is ​$_____.

​ (Round to the nearest​ dollar.)

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