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KYz Company is considering wbether a peoject requiring the parthase of new equaprent is worth imvesting. The cost of a new machine is $300,000 ineluding

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KYz Company is considering wbether a peoject requiring the parthase of new equaprent is worth imvesting. The cost of a new machine is $300,000 ineluding shipping and installation. The HI xvoject will inctease annual revenues by $400,000 and annal costs by $100,000. The machine wilt be depreciated via straight-line depreciation for three years to a salvage value of $40,000. If the firm doer this project, 530,000 in net working capital will be required. What is the annual cash flow of this project in the second pear if the tax rate is 400 ? Round to the nearest penny. Do bot inclode a dollar sign in your answet

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