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A $1,000,000 investment is depreciated using a seven-year MACRS class life. It requires $100,000 in additional inventory, and will increase accounts payable by $50,000. It will generate $400,000 in revenue and $150,000 in cash expenses annually, and the tax rate is 40%.,, * What is the incremental cash flow in years 0, 1, 7, and 8? (show work),

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