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Hubrey Hometne is considering a new three-year expansion project that requires an initial fixed asset investment of $35 million The fixed asset falls into Class
Hubrey Hometne is considering a new three-year expansion project that requires an initial fixed asset investment of $35 million The fixed asset falls into Class 10 for tax purposes (CCA rate of 30% per year), and at the end of the three years can be sold for a salvage value equal to its UCC The project is estimated to generate $2.610,000 in annual sales with costs of $826,000 If the tax rate is 35% what is the OCF for each year of this project? (Enter the answers in dollars. Do not round your intermediate calculations. Round the final answers to 2 decimal places. Omit S sign in your response ) OC OCF2 OCH
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