A project will produce an operating cash flow of $14,600 a year for 8 years. The initial fixed asset investment in the project will be $48,900. The net aftertax salvage value is estimated at $11,000 and will be received during the last year of the project's life. What is the net present value of the project if the required rate of return is 12 percent? Multiple Choice 523,62754 $20.070 26 53462754 $39.070 26 O $41040.33 Keyser Mining is considering a project that will require the purchase of $980,000 in new equipment. The equipment will be depreciated straight-line to a zero book value over the 7-year life of the project. The equipment can be scraped at the end of the project for 5 percent of its original cost Annual sales from this project are estimated at $420,000 Net working capital equal to 20 percent of sales will be required to support the project. All of the net working capital will be recouped. The required return is 16 percent and the tax rate is 35 percent. What is the amount of the aftertax salvage value of the equipment? Multiple Choice $17150 $31050 $118 800 5237600 5343.000 Phone Home, Inc. is considering a new 6-year expansion project that requires an initial fixed asset investment of $5.994 milion The fixed asset will be depreciated straight-line to zero over its 6-year tax life, after which time it will be worthless. The project is estimated to generate $5,328,000 in annual sales with costs of $2,131,200. The tax rate is 31 percent. What is the operating cash flow for this project? Multiple Choice $1,894,318 $2.211.407 a 52,515,482 $2663,021 52 848 315