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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 straight-line method over the life of the project. You feel that both sales and costs are accurate to 4/15 porcent. The tax rate is 23 percent. What is the annual operating cash flow for the worst-case scenario? Mutiple Croice $46,005 $23,420 532205 441.670 3107105

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