is based on Chapter 11 material. have any questions pertaining to the Quiz format, email me directly 88@nova.edu Question1 1 pts ABC, Inc., is considering purchase of a new equipment. The expected sales are expected to be $5988380: The annual cash operating expenses are expedted to be $3425021. The annual depreciation is estimated to be $671893 and the interest expense is estimated to be $227614. If the tax rate is 35%, what is the operating cash flow? Enter your answer rounded off to two decimal points. Do not enter S or comma in the answer box. For example, if your answer is 812.345 then enter as 12.35 in the answer box. Question 2 1 pts A project requires $33564 of equipment that is classified as 7-year property. What is the book value of this asset at the end of year 3 given the following MACRS depreciation allowances, starting with year one: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93, and 4.46 percent? Enter your answer rounded off to two decir al points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box 578325.79 Question 3 1 pts ABC, Inc. is considering the purchase of new equipment. The annual sales are expected to be $484742, the annual variable costs are expected to be $144312, the annual fixed costs are expected to be $36378, the annual