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Project Cash Flow: Quasar Sciences is evaluating a new three-year expansion project that requires an initial fixed investment of $1,815,000. The fixed asset will be

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Project Cash Flow: "Quasar Sciences is evaluating a new three-year expansion project that requires an initial fixed investment of $1,815,000. The fixed asset will be depreciated according to the three-year MACRS class, after which time it will be worthless. The project is forecast to generate $1,335,000 in annual sales with costs of $555,000. The tax rate is 21 percent. What are the Annual Depreciation Costs, and what is the Book Value of the investment in three years

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