Clemson Software is considering a new project whose data are shown below.The required equipment has a 3-year tax life,after which it will be worthless,and it will be depreciated by the straight-line method over 3 years.Revenues and other operating costs are expected to be constant over the project's 3-year life.What is the project's Year 1 cash flow?
A)$28,115
B)$28,836
C)$29,575
D)$30,333
E)$31,092

Question

Clemson Software is considering a new project whose data are shown below.The required equipment has a 3-year tax life,after which it will be worthless,and it will be depreciated by the straight-line method over 3 years.Revenues and other operating costs are expected to be constant over the project's 3-year life.What is the project's Year 1 cash flow? 
A)$28,115 
B)$28,836 
C)$29,575 
D)$30,333 
E)$31,092

Quizplus · Accepted Answer

The Answer of Clemson Software is considering a new project whose data are shown below.The required equipment has a 3-year tax life,after which it will be worthless,and it will be depreciated by the straight-line method over 3 years.Revenues and other operating costs are expected to be constant over the project's 3-year life.What is the project's Year 1 cash flow? 
A)$28,115 
B)$28,836 
C)$29,575 
D)$30,333 
E)$31,092

Clemson Software Is Considering a New Project Whose Data Are