What is the annual accounting income

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Question - Data:

Initial investment $121,500

Increase in working capital $28,500

Length of investment 10 years

Salvage value $12,500

Before tax annual cash inflows $44,000

Tax rate 40%

Discount rate 15%

Team this data will be consistent for all the questions, but I will include it for each question.

What is the annual accounting income?

Reference no: EM131792739

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