Question: E $6,56 6. Fool Proof Software is considering a new project whose data are shown below. The equipment would be fully depreciated at the time

 E $6,56 6. Fool Proof Software is considering a new project

E $6,56 6. Fool Proof Software is considering a new project whose data are shown below. The equipment would be fully depreciated at the time of purchase. Revenues and other operating costs are expected to be constant over the project's 10-year expected life. What is the Year 1 operating cash flow! Equipment cost (depreciable basis) $42.000 Sales revenues, each year $60,000 Operating costs fexcluding depreciation) 525.000 Tax rate 35.0% A $29,53) 8. $22.900 C. $22,750 D. $33.121 E. $33,397

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