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A 5-year project is expected to provide annual sales of $173,000 with costs of $91,500. The equipment necessary for the project will cost $300,000 and

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A 5-year project is expected to provide annual sales of $173,000 with costs of $91,500. The equipment necessary for the project will cost $300,000 and will be depreciated on a straightline method over the life of the project. You feel that both sales and costs are accurate to +/15 percent. The tax rate is 23 percent. What is the annual operating cash flow for the worst-case scenario? Multiple Choice $107,105 $41,670 $46,005 $32,205 $23,420

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