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(CB CFs) A capital budgeting project will cause EBIT to increase by $58076 per year. The annual depreciation expense is $43459. The firm's tax rate
(CB CFs) A capital budgeting project will cause EBIT to increase by $58076 per year. The annual depreciation expense is $43459. The firm's tax rate is 24%. At the end, the equipment will be sold for its salvage value of $49948; its book value will be $34515 at that time. The initial increase in net working capital of $18238 will be recaptured at the end of the project's life. What is the cash flow in the last year of the project's life, in
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