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( Related to Checkpoint 1 2 . 1 ) ( Calculating changes in net operating working capital ) Tetious Dimensions is introducing a new product

(Related to Checkpoint 12.1)(Calculating changes in net operating working capital) Tetious Dimensions is introducing a new product and has an expected change in net operating income of $770,000. Tetious Dimensions has a 32 percent marginal tax rate. This project will also produce $210,000 of depreciation per year. In addition, this project will cause the following changes in year 1:
\table[[,Without the Project,With the Project],[,$50,000,$91,000
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