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(3) Camille's Caf is considering a project that will not produce any sales but will decrease cash expenses by $12,000. If the project is implemented,

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(3) Camille's Caf is considering a project that will not produce any sales but will decrease cash expenses by $12,000. If the project is implemented, taxes will increase from $23,000 to $24,500 and depreciation will increase from $4,000 to $5,500. What is the amount of the operating cash flow using the top-down approach? (8 points)

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