Business, 25.12.2020 17:00 boo8181

The Wet Corp. has an investment project that will reduce expenses by $25,000 per year for 3 years. The project's cost is $20,000. If the asset is part of the 3-year MACRS category (33.33% first year depreciation) and the company's combined tax rate is 25%, what is the cash flow from the project in year 1? (Do not round intermediate calculations. Round your answer to the nearest dollar amount.) $19,866 $21,196 $20,416 $21,876

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The Wet Corp. has an investment project that will reduce expenses by $25,000 per year for 3 years. T...