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Weston Company is considering a capital project that delivers a $58,000 annual net cash flow before tax. The investment will result in annual depreciation expense

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Weston Company is considering a capital project that delivers a $58,000 annual net cash flow before tax. The investment will result in annual depreciation expense of $13,200 over the project's four-year useful life. Assuming a tax rate of 40%, what amount of annual after-tax net cash flow will be provided by this project? Multiple Choice $40,080 $26,880 $17,920 $44.800

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