Question: 23! i need the CORRECT answer asap! I will give a thumbs up! Pleaseee! A firm is considering a project with the following information: -

23! i need the CORRECT answer asap! I will give a thumbs up! Pleaseee!
23! i need the CORRECT answer asap! I will give a thumbs

A firm is considering a project with the following information: - Project will require purchase of a machine for $113,515.00 that is MACRS depreciable over a five-year schedule. (no depreciation until end of year 1). - Project will require immediate non-depreciable expenses of $27,296.00 TODAY (year 0). - Project will have the following projected balance sheet values of NWC: - Sales for the project will be $49,379.00 per year, with all other expenses (excluding depreciation) at 45.00% of sales. - The tax rate for the firm is 38.00%, while the cost of capital is 12.00% "assume project goes beyond two years What is the project's cash flow for year 2? Answer format: Currency: Round to: 2 decimal places

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