Question: Kurt's Kabinets is looking at a project that will require $80,000 in fixed assets and another $20,000 in net working capital. The project is expected

Kurt's Kabinets is looking at a project that will require $80,000

Kurt's Kabinets is looking at a project that will require $80,000 in fixed assets and another $20,000 in net working capital. The project is expected to produce sales of $110,000 with associated costs of $70,000. The project has a 4-year life. The project belongs in a 50% CCA class, and the tax rate is 35%. What is the operating cash flow in the first year for this project? Multiple Choice $27,000 O $40,000 $13.000 O $7,000 $33,000

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