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Hookey Company is considering purchasing a new capital asset. Find below the relevant information: Purchase price $12,000 Cash sales to be generated $3,200 annually

Hookey Company is considering purchasing a new capital asset. Find below the relevant information: Purchase price $12,000 Cash sales to be generated $3,200 annually Decreased operating costs $200 (annually) $150 Annual maintenance costs How much is the annual net cash flows for this capital asset? O $3,200 O $3,250 O $3,000 O $3,400

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