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8 4 points The owner of a local bike shop forecasts annual revenues of $3.7 million. Excluding depreciation, the owner forecasts operating expenses at

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8 4 points The owner of a local bike shop forecasts annual revenues of $3.7 million. Excluding depreciation, the owner forecasts operating expenses at 40% of reverses, and depreciation is $84,000 per year. The tax rate is 33% What is the annual operating cash flow for the repair shop? Enter your answer rounded to the nearest dollar. Type your answer..

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