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 (20%). The half-year 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? Equipment cost Sales revenues, each year Annual cash operating costs Tax rate O a. 30,359 O b. 25,275 O C. 19,050 O d. 17,000 80,000 60,000 35,000 35.0% K

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(20%). The half-year 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 ? a. 30,359 b. 25,275 c 19,050 d. 17,000