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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 $ 5

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 will be sold after three years for $19,400. Use
of the truck will require an increase in NWC (spare parts inventory) of $1,400.
The truck will have no effect on revenues, but it is expected to save the firm
$17,100 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.)
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