A project has an annual operating cash flow of $52,620.Initially,this four-year project required $5,160 in net working capital,which is recoverable when the project ends.The firm also spent $39,700 on equipment to start the project.This equipment will have a book value of $17,014 at the end of Year 4.What is the cash flow for Year 4 of the project if the equipment can be sold or $15,900 and the tax rate is 35 percent?

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The Answer of A project has an annual operating cash flow of $52,620.Initially,this four-year project required $5,160 in net working capital,which is recoverable when the project ends.The firm also spent $39,700 on equipment to start the project.This equipment will have a book value of $17,014 at the end of Year 4.What is the cash flow for Year 4 of the project if the equipment can be sold or $15,900 and the tax rate is 35 percent?

A Project Has an Annual Operating Cash Flow of $52,620