Medina Company has a tax rate of 30 percent and is considering a capital project that will make the following annual contribution to operating income: Cash revenues $140,000 Cash expenses (40,000) Depreciation (45,000) Operating income before income taxes $55,000 Income taxes (16,500) Operating income $38,500 Using the receipts and disbursements method, net cash inflows are

A) $(83,500).
B) $43,500.
C) $83,500.
D) $100,000.


C

Business

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