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The Juniper Network Company is considering a new 5-year expansion project that requires an initial fued ivestineet of 32.5 million. The fured asset will be

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The Juniper Network Company is considering a new 5-year expansion project that requires an initial fued ivestineet of 32.5 million. The fured asset will be depreciated straight line to zero over its five year tax life. after which time it will be worthiless. 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 requite an initlai investment in NWC of $140,000. The net salvage cash flow associated with the project is $ this will change the net cash flow in year 5 to $

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