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Required information A potential investment has a cost of $490,000 and a useful life of 7 years. Annual cash sales from the irvestment are expected

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Required information A potential investment has a cost of $490,000 and a useful life of 7 years. Annual cash sales from the irvestment are expected to be $261,360 and annual cash operating expenses are expected to be $102.960 The expected salvage value at the end of the investments life is $60000. The company uses straight-line depreciation for all assets based on the full cost of the assets. The company has a before-tax discount rate of 17%, an after-tax discount rate of 14%, and a tax rate of 35% Required: Assume the company wants to consider this irvestment before-tax. (Round dollar amounts to the nearest whole dollar and iRR to one decimal place (le 055=5 5\%), Enter negative amounits with o minfius sfin? 2. Assume the company wants to consider this investment after-tax. (Round dollar amounts to the nearest whole dolfar and IRR to one decimal place (Le. 055=5.5%). Enter negative amounts with a minus sign)

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