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Problem 12-9 Project Cash Flows (LG12-6) You have been asked by the president of your company to evaluate the proposed acquisition of a new special-purpose

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Problem 12-9 Project Cash Flows (LG12-6) You have been asked by the president of your company to evaluate the proposed acquisition of a new special-purpose truck for $70,000. The truck falls into the MACRS 3-year class, and it will be sold after three years for $19,600. Use of the truck will require an Increase in NWC (spare parts Inventory) of $1,600. The truck will have no effect on revenues, but it is expected to save the firm $23,800 per year in before-tax operating costs, mainly labor. The firm's marginal tax rate is 34 percent. What will the cash flows for this project be? (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.) Year 12 FCF S (71,600.00)

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