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Upgrading the sagging U.S. infrastructure. The American Society of Civil Engineers gives our aging infrastructure a D+ grade and estimates that $3.6 trillion dollars must be invested by 2020 to bring our roads, bridges, water, electrical and sewage systems to proper safe working…

Assume ABC Company has chosen to invest in new manufacturing equipment. The initial cost of the equipment is $1,200,000. The equipment has a useful life of 20 years. The company uses straight-line depreciation. Their tax rate is 30%. Their weighted…