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Torbein Corporation has provided the following information conceming a capital buctgeting project: The company's income tax rate is 30% and its discount rate is thi.

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Torbein Corporation has provided the following information conceming a capital buctgeting project: The company's income tax rate is 30% and its discount rate is thi. The comparty uses straight-line depreciation on all equipment Assume cash fiown occur at the end of the year except for the initial imvestments. The company takes income taxes into account in its capital budgeting. The total nfter-tax cash fiow in year 2 is: Multipie Choice $146,950 $81,000 $178,000 $103,500

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