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A company projects an increase in net income of $40200 each year for the next five years if it invests $515000 in new equipment. The

A company projects an increase in net income of $40200 each year for the next five years if it invests $515000 in new equipment. The equipment has a 5-year life and an estimated salvage value of $49300. The company uses the straight-line method of depreciation. What is the net annual cash flow?

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