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Business, 16.11.2019 05:31 eddy2616

Anew machine can be purchased for $1,200,000. it will cost $35,000 to ship and $15,000 to modify the machine. a $12,000 recently completed feasibility study indicated that the firm can employ an existing factory owned by the firm, which would have otherwise been sold for $180,000. the firm will borrow $750,000 to finance the acquisition. total interest expense for 5-years is expected to approximate $350,000. what is the investment cost of the machine for capital budgeting purposes? (points : 1) $2,180,000 $1,780,000 $1,442,000 $1,430,000

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