Weston Company is considering a capital project that delivers a $54,000 annual net cash flow before tax. The investment will result in annual depreciation expense of $11,600 over the project's four-year useful life. Assuming a tax rate of 40%, what amount of annual after-tax net cash flow will be provided by this project?
A. $37,040
B. $42,400
C. $16,960
D. $25,440
Answer: A
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