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(CHAPTER 10) A large grocery store chain is considering paying $227.000 for new store equipment. Under MACRS depreciation system, this equipment falls into the 5-year

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(CHAPTER 10) A large grocery store chain is considering paying $227.000 for new store equipment. Under MACRS depreciation system, this equipment falls into the 5-year property class. The grocery store chain's management estimates $113,000 in sales revenues and $26,000 in production costs every year in the future. The grocery store chain falls into a 30% tax rate bracket. Property Class Three-Year Five-Year Seven-Year Year 33.33% OWN 14.82 7.41 20.0096 32.00 10.20 11.52 11.62 5.76 4 14.209 24.49 17.40 12.40 8.93 8.03 8.03 4.45 Calculate the grocery store chain's Operating Cash Flow in the 4th year. Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher. Only round your final answer to TWO decimal places: for example, 10,000.23. Do NOT use the "S" sign in your

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