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Pulaski Starlight Inc. is evaluating a project. The project is expected to generated new sales of $1,558,636 and incur costs of $534,149 annually. The project
Pulaski Starlight Inc. is evaluating a project. The project is expected to generated new sales of $1,558,636 and incur costs of $534,149 annually. The project will be depreciated using the MACRS approach. The equipment needed for the project will cost $4,477,374 and is considered to be a five year MACRS class. The company's tax rate is 30%. Given this information, what would be the project's third year operating cash flow? Answer in dollars and cents.
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