project that is expected to last six years will generate a profit and cash flow contribution before
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Question:
project that is expected to last six years will generate a profit and cash flow contribution before taxes and depreciation of $23,000 per year.It requires the initial purchase of equipment costing $60,000, which will be depreciated straight line over four years.The relevant tax rate is 25%.Calculate the project's cash flows.Round all figures within your computations to the nearest thousand dollars.
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