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A beauty product company is developing a new fragrance named Happy Forever. There is a probability of 0 . 4 9 that consumers will love

A beauty product company is developing a new fragrance named Happy Forever. There is a probability of 0.49 that consumers will love
Happy Forever, and in this case, annual sales will be 1.09 million bottles; a probability of 0.37 that consumers will find the smell
acceptable and annual sales will be 170,000 bottles; and a probability of 0.14 that consumers will find the smell unpleasant and annual
sales will be only 51,000 bottles. The selling price is $37, and the variable cost is $11 per bottle. Fixed production costs will be $1.10
million per year, and depreciation will be $1.19 million. Assume that the marginal tax rate is 27 percent. What are the expected annual
incremental after-tax free cash flows from the new fragrance? (Round answer to 0 decimal places, e.g.5,275.)
Annual incremental cash flows $
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