Question: Fool Proof Sottware is considering a new project whose data are shown below. The equipment that would be used has a 3-year tax life, and

 Fool Proof Sottware is considering a new project whose data are

Fool Proof Sottware is considering a new project whose data are shown below. The equipment that would be used has a 3-year tax life, and the allowed depreciation rates for such property are 33%,45%,15%, and 7% for Years 1 through 4. Revenues and other operating costs are expected to be constant over the project's 10 -year expected life. What is the Year 1 cash flow? a. $36,257 b. $35,627 c. $29,952 d. $26.799 e. $31,528

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