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A company is considering a new 6-year project that wilt have annual sales of $204,000 and costs of $126,000. The project will require fixed assets

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A company is considering a new 6-year project that wilt have annual sales of $204,000 and costs of $126,000. The project will require fixed assets of $245,000, which will be depreciated on a 5 -vear MACRS schedule. The annual depreciation percentages are 20.00 percent, 3200 percent, 19.20 percent. 11.52 percent, 11.52 percent, and 5.76 percent, respectively. The company has a tax rate of 40 percent. What is the operating cash flow for Year 2? $62,560 $78.160 563.139 558.090 $65.616

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