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You have been asked by the president of your company to evaluate the proposed acquisition of a new special purpose truck for $50,000. The truck

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You have been asked by the president of your company to evaluate the proposed acquisition of a new special purpose truck for $50,000. The truck falls into the MACRS 3-year class, is not eligible for either bonus depreciation or Section 179 expensing, and it wi be sold after three years for $20,700. Use of the truck will require an increase in NWC (spare parts inventory) of $2,700. The truck wi have no effect on revenues, but it is expected to save the firm $16,700 per year in before-tax operating costs, mainly labor. The firm's marginal tax rate is 21 percent What will the cash flows for this project be? (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.) Year 1 2 3 FCF 0 (52,700.00 $ $ 16,692.65

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