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A 5-year project is expected to generate revenues of $90000, variable costs of $35000, and fixed costs of $15000. The annual depreciation is $8000 and
A 5-year project is expected to generate revenues of $90000, variable costs of $35000, and fixed costs of $15000. The annual depreciation is $8000 and the tax rate is 35 percent. What is the annual operating cash flow?
A.$26,800
B.$28,800
C.$30,200
D.$27,000
E.$23,000
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