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Tcecarenko [31]
3 years ago
15

Stanton Company is performing a post-audit of a project completed one year ago. The initial estimates were that the project woul

d cost $490,000, would have a useful life of 9 years, zero salvage value, and would result in net annual cash flows of $90,000 per year. Now that the investment has been in operation for 1 year, revised figures indicate that it actually cost $510,000, will have a useful life of 11 years, and will produce net annual cash flows of $77,000 per year. Assume a discount rate of 10%.
Business
1 answer:
lianna [129]3 years ago
6 0

Answer:

reeeeeeeeeeeeeerrrrrrrrrrrrrrreeeeeeeeeeeeeee srry I don't actually know

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Answer and Explanation:

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jeyben [28]

Answer:

b. $233,100 tax expense

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