Question: In its first year, a project is expected to generate earnings before interest and taxes of $237,884 and its depreciation expense is expected to be

In its first year, a project is expected to generate earnings before interest and taxes of $237,884 and its depreciation expense is expected to be $87,882. If the companys tax rate is 35%, what is the projects expected net operating profit after taxes for the year?

Question 2 options:

A)

$187,934

B)

$221,003

C)

$154,625

D)

$101,762

E)

$145,894

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