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A firm purchased a new machine for $ 9000 . The useful life of the machine 4 years and will be depreciated on a straight

A firm purchased a new machine for $9000. The useful life of the machine 4 years and will be depreciated on a straight line basis down to zero by the end of its 4 year life. Projects that the machine will generate consecutive annual cash inflows of $5000 beginning in one year and will generate consecutive annual cash outflows at 2600 also beginning in one year. Assuming the tax rate of 35%, determine the firm's cash flow next year.

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