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A new proposed project, with a life of 5 years, has following per year estimates: Net Sales = $ 877,000 Variable Expenses = 60% of

A new proposed project, with a life of 5 years, has following per year estimates:

Net Sales = $ 877,000

Variable Expenses = 60% of Net Sales

Fixed Cost = $ 550,000

Depreciation = $ 87,000

Tax Rate = 35%

According to your calculations, the estimated A0fter Tax Cash flow per year is

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