Question: 20 2 points You are evaluating a capital budgeting project that requires the purchase of a machine for $374.000 in year. The form will depreciate

20 2 points You are evaluating a capital budgeting project that requires the purchase of a machine for $374.000 in year. The form will depreciate the machine to zero salvage value over its life of 10 years. The project will also generate incremental revenue and expenses of $311.000 and $346,000 each of years 1 through 10. The firm's marginal tax rate is 16%. What is the project's incremental cash flow in year 1. Round your answer to the nearest dollar Type your answer Previous Next

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