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A company has projected sales of $575,000, costs of $369,400, depreciation of $85,000, and a tax rate of 31%. The projections are annual amounts. What

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A company has projected sales of $575,000, costs of $369,400, depreciation of $85,000, and a tax rate of 31%. The projections are annual amounts. What is the operating cash flow using the tax shield approach? $130,907 $168,214 $156,518 $174,193 $128,798

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