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We are considering a project that has a 5 -year asset life for tax purposes. The asset has a depreciable basis of $10,000. The depreciation

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We are considering a project that has a 5 -year asset life for tax purposes. The asset has a depreciable basis of $10,000. The depreciation expense rate for the first year is 20%. Revenue for the first year of the project is expected to be $6,000, and expenses will be $3,000. The company's marginal tax rate is 25%. What is the estimated operating cash flow for the first year of the project? Show your work. We are considering a project that has a 5 -year asset life for tax purposes. The asset has a depreciable basis of $10,000. The depreciation expense rate for the first year is 20%. Revenue for the first year of the project is expected to be $6,000, and expenses will be $3,000. The company's marginal tax rate is 25%. What is the estimated operating cash flow for the first year of the project? Show your work

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