Question 13 10 points Save Answer Fool Proof Software is considering a new project whose...
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Question 13 10 points Save Answer Fool Proof Software is considering a new project whose data are shown below. The equipment that would be used has a 3-year tax life, and the allowed depreciation rates for such property are 33%, 45%, 15%, and 7% for Years 1 through 4. Revenues and other operating costs are expected to be constant over the project's 10-year expected life. What is the Year 1 cash flow? $69.000 Equipment cost (depreciable basis) Sales revenues, each year $60,000 $25,000 Operating costs (excl. depr.) Tax rate 35.0% O a. $30,720 O b. $35,635 O c. $37,785 O d. $32,870 O e. $31.641
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