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Summer Tyme, Inc., is considering a new 3-year expansion project that requires an initial fixed asset investment of $853,093. The fixed asset will be depreciated

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Summer Tyme, Inc., is considering a new 3-year expansion project that requires an initial fixed asset investment of $853,093. The fixed asset will be depreciated straight-line to 53,603 over its 3 -year tax life, after which time it will have a market value of $114,376. The project requires an initial investment in net working capital of $43,135. The project is estimated to generate $231,388 in annual sales, with costs of $85,337. The tax rate is 0.28 and the required return on the project is 0.1. What is the aftertax salvage value (SVNOT) in year 3 ? (Make sure you enter the number with the appropriate +/ sign)

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