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The Juniper Network Company is considering a new 5 - year expansion project that requires an initial fixed investment of $ 2 . 5 million.

The Juniper Network Company is considering a new 5-year expansion project that requires an initial fixed investment of $2.5 million. The fixed asset will be depreciated straight line to zero over its five year tax life. The applicable tax rate is 22%. The company's analyst expects that the fixed asset can be sold for $200,000 at the end of its life.
Estimated annual sales for the project are $2.2 million with annual costs of $1.15mm. The project will also require an initial investment in NWC of $140,000.
The net salvage cash flow associated with the project is $ [Select] ; this will change the net cash flow in year 5 to $
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