16 17 18 19 24 25 26 27 28 29 30 Moving to another question will save this response. >> Save Answer Question 19 10 points Gibson Guitars is considering expanding one of its production facilities to build a new line of guitars honoring legendary guitarist Les Paul. The project would require a $6,000,000 capital investment and will be depreciated (straig x-line to zero) over its 3 year life. Sales are expected to be 58,000,000 annually for the 3 year period with costs (excluding depreciation) at 30% of sales. The company would also have to commit initial working capital to the project of $1,000,000. The company has a 35% tax rate. The project cash flow (Free Cash Flow) for Year is: 3.55.800,000 b. 53.800,000 54.340.000 d. 52.756.000 Moving to another question will save this response Question 19 of 30 831 PM 7/2/2000 1