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Use the following information for the next two questions. Fiduciary Responsible Tees Corp. is considering launching a new clothing line. The project would require a

Use the following information for the next two questions.
Fiduciary Responsible Tees Corp. is considering launching a new clothing line. The project would require a $5,463,464 capital investment and will be depreciated (straight-line to zero) over its 4-year life. The company discovers at the end of the project that it will be able to sell the equipment for $3,631,742(salvage value). Incremental sales are expected to be $15,318,113 annually for the 4-year period with costs (excluding depreciation) of 73% of sales. The project would also require the company to increase inventory levels by $1,662,801. The company has a 21% tax rate. What is the company's cash flow in year 2?
$3,554,185
$3,267,354
$4,135,891
$4,633,220
$2,770,025
Question 23
6.8pts
What is the company's cash flow in year 4?
$4,760,461
$5,216,986
$8,848,728
$8,086,063
$6,423,262
HELP ON BOTH QS PLS
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