Clemson Software is considering a new project whose data are shown below. The required equipment...
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Clemson Software is considering a new project whose data are shown below. The required equipment has a 3-Year tax life, after which it will be worthless, Under the new tax law, the equipment is eligible for 100% bonus depreciation, so it will be fully depreciated atto, Revenues and operating costs are expected to be constant over the project's 3-year life. What is the project's Year 1 cash flow? Equipment cost (depreciable basis) $100,000 Sales revenues, each year Operating costs $57,800 $20,100 25.0% Tax rate a 523,250 @ 28.275 537.700 d. 536,608 O 530,160
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