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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 $60000. The truck falls

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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 $60000. 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 $20,600. Use of the truck will require an increase in NWC (spare parts irventory) of $2,600, The truck wil have no effect on revenues, but it is expected to save the firm $20,200 per year in before-tax operating costs, mainly tabor. The firm's marginal tax rate is 21 percent. What will the cash fows for this project be? (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.)

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