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A company is currently executing a project that has an annual net income after tax of $1.5 million. The annual depreciation on the project's assets

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A company is currently executing a project that has an annual net income after tax of $1.5 million. The annual depreciation on the project's assets is $250,000 and the interest payment on its debt is $50,000. The project is in its last year. The company intends to sell off its depleted assets for $300,000 and return its working capital for $150,000. The company's marginal tax rate is 30%. What is the free cash flow of the project in this final year? 2,235,0002,250,0001,335,0001,785,000

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