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K&M Winery has an old wine press that the company wants to replace with a more efficient press. The new press costs $ 1 1
K&M Winery has an old wine press that the company wants to replace with a more efficient press. The new press costs $ with an additional $ in installation costs. The old press was purchased two years ago for a cost of $ and $ in installation costs. It can be sold for a price of $ today. The old press was depreciated under the MACRS year recovery schedule while the new press will be depreciated under the MACRS year recovery schedule. K&M Winery projects revenues to be $ more with the new press each year for the next three years. Expenses excluding depreciation are of sales. The firm is in the tax rate.
What is the operating cash flow for year
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