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1 points QUESTION 23 As the CFO of Firm AAA, you are asked to estimate the cash flows. The equipment for this project will be

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1 points QUESTION 23 As the CFO of Firm AAA, you are asked to estimate the cash flows. The equipment for this project will be used for the next four years. It will be worthless by the end of year 4. The depreciation rates are 33.334, 44.458, 14.818, and 7.419 for Years 1 through 1. Assume that sales and costs are constant over the project's 4 years of operation. What is the cash flow in Year 4? Equipment expenses (depreciable basis) $70,000 Sales / year (constant) $42,500 Operating costs (excluding depreciation) $25,000 Tax rate 25.0% $14.712 $14,821 $14,422 $13,245

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