A $9-$year project is expected to provide annual sales of $$209,000$ with costs of $$96,000.$ The equipment necessary for the project will cost $$345,000$ 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 $\frac{+}{-}10$ percent. The tax rate is $21$ percent. What is the annual operating

cash flow for the worst$-$case scenario?

Multiple Choice

$$73,225$

$$106,692$

$$53,625$

$$42,292$

$$63,642$