Question: Yellow Oval Paint is evaluating a 8-year project that would require an initial investment in equipment of $400,000. Accelerated depreciation would be used where the

Yellow Oval Paint is evaluating a 8-year project that would require an initial investment in equipment of $400,000. Accelerated depreciation would be used where the depreciation rates in years 1, 2, 3, and 4 would be 35%, 45%, 15%, and 5%, respectively. For each year of the project, Yellow Oval Paint expects relevant revenue associated with the project to be $402,000 per year. Relevant costs associated with the project are expected to be $290,000 in years 1 and 2, and $308,000 in years 3 and later. The tax rate is 20 percent. Input instructions: Round your answers to the nearest dollar. What is the relevant operating cash flow associated with the project expected for year 1? 117600 dollars What is the relevant operating cash flow associated with the project expected for year 4

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