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A cost-cutting project will decrease costs by $67,900 a year. The annual depreciation will be $17,100 and the tax rate is 23 percent. What is

A cost-cutting project will decrease costs by $67,900 a year. The annual depreciation will be $17,100 and the tax rate is 23 percent. What is the operating cash flow for this project?

Multiple Choice

$52,283

$56,216

$48,350

$19,550

$11,684

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