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3. Ali's Fashions is considering a project that will require $28,000 in net working capital and $96,000 in fixed assets. The project is expected to

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3. Ali's Fashions is considering a project that will require $28,000 in net working capital and $96,000 in fixed assets. The project is expected to produce annual sales of $75,000 with associated costs of $67,000. The project has 8-year life. The company uses straight-line depreciation to a zero book value over the life of the project. The tax rate is 30 percent. What is the operating cash flow for this project? (02marks) Focus States)

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