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Your neighbour is considering changing jobs and has asked you to assess the cash flow advantage or disadvantage of going to the new job. The

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Your neighbour is considering changing jobs and has asked you to assess the cash flow advantage or disadvantage of going to the new job. The current job pays $53,000 per year and the new job would pay $57,000 per year. The current job covers the cost of a private health care plan ($300/year) and provides a company car (total standby charge and operating benefit of $12,000). If your neighbour goes to the new job, the only benefit provided will be private health care, and your neighbour will need to lease a car for $200/ month. Your neighbour is in a 35% marginal tax bracket. REQUIRED: Calculate the cash flow increase or decrease of moving to the new job. Write your answer (without $ sign and rounded to zero decimal places) in the space provided below. If a decrease, place a minus sign in front of your

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