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A possible job involves an up-front purchase of equipment that would cost $988. The equipment would be depreciated on a straight-line basis over its 3

A possible job involves an up-front purchase of equipment that would cost $988. The equipment would be depreciated on a straight-line basis over its 3 year useful life to a $200 book value. The firm's tax rate is 30%. As part of the capital budgeting process, you are asked by your boss to determine the annual net cash flow impact of the asset's depreciation. You should indicate that the cash flow impact per year (in each of years 1 through 3, not the combined amount) will be $__________.

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