A 5-year project is expected to generate revenues of $92,000, variable costs of $67,000, and fixed costs of $11,000. The annual depreciation is $4,000 and the tax rate is 35 percent. What is the annual operating cash flow? Select one: O a. $10,500 O b. $9,900 O c. $9,100 O d. $8,700 M

A 5-year project is expected to generate revenues of $92,000, variable costs of $67,000, and fixed costs of $11,000. The annual depreciation is $4,000 and the tax rate is 35 percent. What is the annual operating cash flow? Select one: a. $10,500 b. $9,900 c. $9,100 d. $8,700