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Question 3 (of 25) 3. The Wet Corp. has an investment project that will reduce expenses by $30,000 per year for 3 years. The project's
Question 3 (of 25) 3. The Wet Corp. has an investment project that will reduce expenses by $30,000 per year for 3 years. The project's cost is $15,000. If the asset is part of the 3-year MACRS category (3.33% first year depreciation and the company's tax rate is 37%, what is the cash flow from the project in year 1, (Do not round intermediate calculations. Round your answer to the nearest dollar amount.) O $21.530 O $20.750 O $22.210 O $20.200
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