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Company FIN3610-ETRA just started a 6-year project that costs $271,000 to purchase an equipment. The equipment will be depreciated following the 5-year MACRS schedule. According

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Company FIN3610-ETRA just started a 6-year project that costs $271,000 to purchase an equipment. The equipment will be depreciated following the 5-year MACRS schedule. According to the 5-year MACRS schedule, the depreciation percentage ench year from year 1 to year 6 ls 20%, 32%, 19,2% 11.52%, 11.52%, and 5,76%, respectively The sales generated from the project will be $243,000 every year. The costs associated with the project will be $152.000 every year. The tax rate is equal to 34% Please calculate the project's OCF (operating cash flow) In Year 2. Multiple Choice $75,417 $70.675 $69.425 589,545 $77.751

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