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Evan D. is the production manager for Coast Construction. Evan recently considered a project that costs $1,340,000, would be depreciated over its 8 -year useful

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Evan D. is the production manager for Coast Construction. Evan recently considered a project that costs $1,340,000, would be depreciated over its 8 -year useful life, and provided equal annual cash flows. Coast Construction requires that all projects have a payback period of no longer than 5 years. If the project was accepted, what is the minimum cash flow generated by the project? The project's annual cash flows were no greater than $167,500. The project's annual cash flows could be as low as $100.500. The project's annual cash flows were at least $268,000. The project's annual cash flows were at least $435,500

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