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Consider a project with inflows of $20,000 and outflows of $13,000. If the tax rate is 31%, and if the cash flow in Year 1

Consider a project with inflows of $20,000 and outflows of $13,000. If the tax rate is 31%, and if the cash flow in Year 1 is $6,500, what is the depreciation amount?

a.

$5,387

b.

$5,529

c.

$5,485

d.

$5,438

e.

$5,333

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