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A company is considering a new four-year project with an initial equipment investment of $72,001. The equipment belongs in a 30% CCA class and will

A company is considering a new four-year project with an initial equipment investment of $72,001. The equipment belongs in a 30% CCA class and will be worthless at the end of the project. Annual cash sales are estimated at $136,800 with annual cash costs of $87,901. The tax rate is 34%. What is the project cash flow in the second year?

Question 24 options:

$30,900

$28,506

$38,516

$20,394

$41,406

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