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Consider a project with inflows of $20,000 and outflows of $13,000 in Year 1. If the tax rate is 30%, and if the cash flow

Consider a project with inflows of $20,000 and outflows of $13,000 in Year 1. If the tax rate is 30%, and if the cash flow in Year 1 is $6,500, what is the depreciation amount in Year 1?

A. $5,333

B. $5,387

C. $5,438

D. $5,485

E. $5,529

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