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Your company is going to invest in a new piece of equipment that costs $45,000. The equipment's depreciation rates are 33%, 45%, 15%, and 7%

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Your company is going to invest in a new piece of equipment that costs $45,000. The equipment's depreciation rates are 33%, 45%, 15%, and 7% for Years 1 through 4. Sales revenues will be $30,000 each year, and operating costs will be $7,500. If the tax rate is 30%, what is the Year 1 cash flow

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