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What is the after-tax cash flow for equipment purchased for $5000? The system has no salvage value and will last 8 years. The revenue is
What is the after-tax cash flow for equipment purchased for $5000? The system has no salvage value and will last 8 years. The revenue is expected to be $2000 in Year 1 and $560 in Years 2 through 8. The tax-rate is 38%. Use straight-line depreciation.
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