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Johnny's Lunches is considering purchasing a new, energy - efficient grill. The grill will cost $ 1 9 , 0 0 0 and will be

Johnny's Lunches is considering purchasing a new, energy-efficient grill. The grill will cost $19,000 and will be depreciated straight-line over 7 years to a salvage value of zero. The grill will have no effect on revenues, but will save Johnny's $20,000 in energy expenses. The tax rate is 31 percent.
What are the operating cash flows in years 1 to 7?
Enter your answer below.
Correct response: 14,641.43+-1
If the discount rate is 9 percent, what is the net present value of the grill?
Use $14,641.43 for operating cash flow.
Enter your answer below.
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