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Baton Rouge Company is considering purchasing new equipment which will cost $950,000. This equipment is expected to have a useful life of 12 years, have

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Baton Rouge Company is considering purchasing new equipment which will cost $950,000. This equipment is expected to have a useful life of 12 years, have a salvage value of $50,000 and is expected to have an annual net cash inflow (before taxes) of $80,000. Assume the company is in the 34% tax bracket. What is Baton Rouge's annual net cash inflow (after taxes)? $78,300$13,200$73,200$52,800$112,800

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