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Fool Proof Software is considering a new project whose data are shown below. The equipment that would be used has a 3-year tax life, Under

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Fool Proof Software is considering a new project whose data are shown below. The equipment that would be used has a 3-year tax life, Under the new tax lew, the equipasent used in the project is eligible for 100% bonus depreciation, so it will be fully depreciated at t=0. Revenues ard operating costs are expected to be constant over the project's 10-year expected life. What is the Year l cash flow? a. 526,419 b. 524,576 c. 548,750 d. $31,641 e. 525,804

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