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Kellog Corporation is considering a capital budgeting project that would have a useful life of 4 years and would evolve investing $132.000 m equipment that

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Kellog Corporation is considering a capital budgeting project that would have a useful life of 4 years and would evolve investing $132.000 m equipment that would have zero salvage value at the end of the project Annan incremental sales would be $418.000 and annual cash operating expenses would be $278,000. The company uses straight line depreciation on all equipment is income tax rate is 35% The income tax expense in year 2 is Mumple Choice 58.190 $53.830 o 537.450 o $29.260

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