Harper, Inc purchases equipment for $91,000. The equipment will be depreciated over 5 years with no...

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Harper, Inc purchases equipment for $91,000. The equipment will be depreciated over 5 years with no residual value. Harper annual cash flows for the year will be $87,018. Harper's operating net income will be $ Harper, Inc purchases equipment for $91,000. The equipment will be depreciated over 5 years with no residual value. Harper annual cash flows for the year will be $87,018. Harper's operating net income will be $