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please help answer the following question A 4-year project has an annual operating cash flow of $52,500. At the beginning of the project, $4,350 in
please help answer the following question
A 4-year project has an annual operating cash flow of $52,500. At the beginning of the project, $4,350 in net working capital was required, which will be recovered at the end of the project. The firm also spent $22,600 on equipment to start the project. This equipment will have a book value of $4,740 at the end of the project, but can be sold for $5,730. The tax rate is 21 percent. What is the Year 4 cash fiow? $53,484 560,283 $62,372 $62,976 $23,134 Step by Step Solution
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