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You own a house that you rent for $1,175 permonth. The maintenance expenses on the house average $215 per month: The house cost $222,000 when

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You own a house that you rent for $1,175 permonth. The maintenance expenses on the house average $215 per month: The house cost $222,000 when you purchased it 4 years ago. A recent appraisat on the house valued it at $244,000. if you seil the house you will incur $19,520 in real estate fees. The annual property taxes are $2,650, You are deciding whether to sell the house or convert it for your own use as a professional office. What value stiould you pince on this house when analyzing the option of using it as a professional office? Muitiple cholce $244,000 $220.440 $222000 50 King Nothing is evaluating a new 6-year project that will have annual sales of $435,000 and costs of $299,000. The project will require fixed assets of $535,000, which will be depreciated on a 5 -year MACRS schedule, The annual depreciation percentages are 20.00 percent, 32.00 percent, 19.20 percent, 11.52 percent, 11.52 percent, and 5.76 percent, respectively. The company has a tax rate of 23 percent. What is the operating cash flow for Year 3 ? Multiple Choice $54,906 $128,346 $183,814 $125,228

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