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A firm is considering a new investment. Year 0 investment = $32,000. Year 0 net working capital spending = $380. Year 1 sales revenue =

A firm is considering a new investment. Year 0 investment = $32,000. Year 0 net working capital spending = $380. Year 1 sales revenue = $16,500. Year 1 operating costs = $3,500. Year 1 depreciation = $8,000. Year 1 net working capital spending = $430. What is the net income for year 1

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