The wet corp. has an investment project that will reduce expenses by $25,000 per year for three years. the project's cost is $55,000. if the asset is part of the three-year macrs category (33% first year depreciation) and the company's combined tax rate is 25%, what is the cash flow from the project in year 1? a. $15,100
b. $23,287
c. $4,521
d. $16,667
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The wet corp. has an investment project that will reduce expenses by $25,000 per year for three year...
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