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#19 Suppose that Calloway golf would like to capitalize on Phil Michelson winning the Open Championship in 2013 by releasing a new putter. The new

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#19 Suppose that Calloway golf would like to capitalize on Phil Michelson winning the Open Championship in 2013 by releasing a new putter. The new product will require new equipment for $404,555.00 that will be depreciated using the 5- year MACRS schedule. The project will run for 2 years with the following forecasted numbers: Year 1 Year 2 $60.26 $60.26 Putter price 18,147.00 11.918.00 Units sold 38.00% of sales 38.00% of sales COGS 18.00% of sales 18.00% of sales Selling and Administrative Calloway has a 12.00% cost of capital and a 38.00% tax rate. The fimm expects to sell the equipment after 2 years for a NSV of $141.934.00 What is the project cash flow for year 27 (include the terminal cash flow here) Submit Answer format: Currency Round to 2 decimal places

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