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You are given the following data for year 1: Revenues - 26000; fixed costs = 4500; total variable costs = 4200, depreciation = 500; tax

You are given the following data for year 1: Revenues - 26000; fixed costs = 4500; total variable costs = 4200, depreciation = 500; tax rate = 11 percent. Calculate the after-tax cash flow for the project for year 1

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