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14. Up-N-Atom corporation spent $30,000 on research and development of a new mini generator. The proposed project will generate annual sales of 1,100 units of
14. Up-N-Atom corporation spent $30,000 on research and development of a new mini generator. The proposed project will generate annual sales of 1,100 units of its new mini generator at a selling price of $115 per unit. Fixed costs are $14,200 per year, with variable costs per unit of $70. The project requires a $125,000 investment in equipment that will be depreciated on a straight-line basis to a zero-book value over the four- year life of the project. The tax rate is 21 percent. What is the firm's operating cash flow for the project? Do not round intermediate steps. Round the answer to two decimal places. (5 points)
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