12 nts value: MC Qu. 03 The Wet Corp. has an investment project that will reduce... The Wet Corp. has an investment project that will reduce expenses by $30,000 per year for 3 years. The project's cost is $25,000. If the asset is part of the 3-year MACRS category (33.33% first year depreciation) and the company's tax rate is 25%, what is the cash flow from the project in year 1? (Do not round intermediate calculations. Round your answer to the nearest dollar amount.) O $24,583 O $26,043 $25,363 O $24,033 References Multiple Choice MC Qu. 03 The Wet Corp. has an investment project that will reduce