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A cost-cutting project will decrease costs by $63,700 a year. The annual depreciation will be $13,950 and the tax rate is 22 percent. What is

A cost-cutting project will decrease costs by $63,700 a year. The annual depreciation will be $13,950 and the tax rate is 22 percent. What is the operating cash flow for this project?

Multiple Choice

$46,617

$10,945

$17,083

$49,686

$52,755

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