Stoclonger Corporation has provided the following information concerning a capital budgeting project 320,000 Investment required in correo Expected to the project lvade valor cupant Annual sales Annual can operating expensen Wacking capital requirement One-time cenovation expens in year 3 50,000 $420,000 5230,000 350,000 The company's income tax rate is 30% and its after tax discount rate : 11%. The working capital would be required immediately and would be released for use elsewhere at the end of the project. The company uses straight line depreciation on all equipment Assume cash flows occur at the end of the year except for the initial investments. The company takes income taxes into account in its capital budgeting The total cash flow net of income taxes in year 2 Multiple Choice 0 $132.000 3100.000 500.000 ST1000