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Business, 05.04.2021 23:30 DivineMemes420

A new project costing $1,120,000 falls into the three-year MACRS category, which allocates depreciation at 33.33% in the first year. It is expected to generate 600,000 in new sales per year. Extra cash operating expenses will amount to 290,000 per year. If the firm is in a 40% tax bracket, determine the first year net operating cashflow. $222,698 $335,318 $291,784 $302,582 none of these

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