What are the expected cash inflows for year three

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Seneca Hospital has purchased new lab equipment for P 134,650. The equipment is expected to last for three years and to provide cash inflows as follows:

Year 1         P 45,000

Year 2         60,000

Year 3               ?

Question 1: Assuming that the equipment will yield exactly a 16% rate of return, what are the expected cash inflows for year three?

Reference no: EM132603263

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