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The revenue for a project in year 7 is $42,000 in constant (year-0) dollars. Expenses (not including depreciation) in the same year is $26,000 in constant (year-0) dollars. Depreciation in that same year is $7313. The net income for year 7 is 5907 in constant (year-0) dollars. If the inflation rate is 4%, what is the net cash flow in year 7 in actual dollars? Hint: you will need to calculate the tax rate.

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