Question: Lendrum Inc. is considering a new project whose data are shown below. The equipment has an economic life of 3 years, and is in CCA

Lendrum Inc. is considering a new project whose data are shown below. The equipment has an economic life of 3 years, and is in CCA class 10(30%). The halfyear rule applies. Revenues and cash operating costs are expected to be constant over the project's 3-year life. What is the net operating cash flow for Year 1?
\table[[Equipment cost,$80,000
Lendrum Inc. is considering a new project whose data are shown

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