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Vandelay Industries is considering a cost-cutting project that decreases costs by $56,900 a year. The machinery equipment will cost $648,000 and will last for 20

Vandelay Industries is considering a cost-cutting project that decreases costs by $56,900 a year. The machinery equipment will cost $648,000 and will last for 20 years. The equipment will be depreciated straight-line to zero over its life. The tax rate is 20 percent. Assume that there are no other cash flows. What is the yearly operating cash flow for this project?

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