3. Which one of the following is a project cash inflow? Ignore any tax effects.

a. Decrease in accounts payable

b. Increase in accounts receivable

c. decrease in inventory

d. depriciation expense

e. equipment acquisition

Rossdale Flowers has a new greenhouse project with an initial cost of $305,200 that is expected to generate cash flows of $45,700 for 8 years and a cash flow of $61,100 in Year 9. If the required return is 8.2 percent, what is the project's NPV? Multiple Choice $73,330.77 $7.984.15 $97,658.31 () -$14,499.71 O -$22,076.33 A company purchased an asset for $3,100,000 that will be used in a 3-year project. The asset is in the 3-year MACRS class. The depreciation percentage each year is 33.33 percent, 44.45 percent, and 14.81 percent, respectively. What is the book value of the equipment at the end of the project? Multiple Choice $2,066,770 $229,710 $0 $2,870,290 $688,820