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A company is considering a new four-year project with an initial investment requirement of $72,000. The equipment belongs in a 30% CCA class and will
A company is considering a new four-year project with an initial investment requirement of $72,000. The equipment belongs in a 30% CCA class and will be worthless at the end of the project. Sales are estimated at $136,800 with costs of $87,900. The tax rate is 34%. What is the project OCF in the SECOND year?
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