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Saved 2 Chapter Nine 6 8. King Nothing is evaluating a new 6-year project that will have annual sales of $415,000 and costs of $287000.

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Saved 2 Chapter Nine 6 8. King Nothing is evaluating a new 6-year project that will have annual sales of $415,000 and costs of $287000. The project will require fixed assets of $515,000, which will be depreciated on a 5 year MACRS schedule. The annual depreciation percentages are 20.00 percent, 32.00 percent, 19 20 percent, 1152 percent, 1152 percent, and 576 percent, respectively. The company has a tax rate of 40 percent. What is the operating cash flow for Year 3? 005119 Multiple Choice $111133 $90,752 $136123

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