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The John Company invested $67,000 in a four-year machine. The machine's NPV was $8,000 using a 15% cost of capital. Information on cash flows and

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The John Company invested $67,000 in a four-year machine. The machine's NPV was $8,000 using a 15% cost of capital. Information on cash flows and present value factors follows: Expected Present cash flow, Value Year net of taxes of S1 @ 15% 1 $20,600 .87 2. $24,000 .76 3 $21,800 .66 4 ? .57 What is the expected cash flow, net of taxes, in year four? A. $ 8,600 B. $16,450 C. $24,450 D. $28,860 E. $42,895

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