What is the cash flow from the project

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Reference no: EM132086159

Question: The Wet Corp. has an investment project that will reduce expenses by $25,000 per year for 3 years. The project's cost is $25,000. If the asset is part of the 3-year MACRS category (33.33% first year depreciation) and the company's tax rate is 31%, what is the cash flow from the project in year 1? (Do not round intermediate calculations. Round your answer to the nearest dollar amount.)

Reference no: EM132086159

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