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The company uses straight-line depreciation on all equipment; the annual depreciation expense will be $30,000. Assume cash flows occur at the end the year except

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The company uses straight-line depreciation on all equipment; the annual depreciation expense will be $30,000. Assume cash flows occur at the end the year except for the initial investments. The company takes income taxes into account in its capital budgeting. Click here to view to determine the appropriate discount factor(s) using table. The net present value of the project is closest to: (Round intermediate calculations and final answer to the nearest dollar amount.) Multiple Choice $140,000 $140,000

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