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You are working for JB Associates. A proposed three-year project will require $589,000 for fixed assets and networking capital of $75,000. The fixed assets will

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You are working for JB Associates. A proposed three-year project will require $589,000 for fixed assets and networking capital of $75,000. The fixed assets will be depreciated straight-line to a zero book value over the three years. At the end of the project, the fixed assets can be sold for $225,000. The net working capital returns to its original level at the end of the project. The operating cash flow per year is $67,900. The tax rate is 21 percent and the discount rate is 12 percent. What is the total cash flow in the final year of the project? $410,520 $320,650 $361,000 $378,970

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