Question: (CB CFs) A capital budgeting project will cause EBIT to increase by $42651 per year. The annual depreciation expense is $47092. The firm's tax rate

(CB CFs) A capital budgeting project will cause EBIT to increase by $42651 per year. The annual depreciation expense is $47092. The firm's tax rate is 23%. At the end, the equipment will be sold for its salvage value of $51685; its book value will be $34172 at that time. The initial increase in net working capital of $11668 will be recaptured at the end of the project's life. What is the cash flow in the last year of the project's life, in $? Include both the annual FCF and the terminal CF.

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