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A large grocery store chain is considering paying $317,000 for new store equipment. Under MACRS depreciation system, this equipment falls into the 5-year property class.

A large grocery store chain is considering paying $317,000 for new store equipment. Under MACRS depreciation system, this equipment falls into the 5-year property class. The grocery store chain's management estimates $106,000 in sales revenues and $31,000 in production costs every year in the future. The grocery store chain falls into a 29% tax rate bracket.

Calculate the grocery store chain's Operating Cash Flow in the 4th year.

Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher. Only round your final answer to TWO decimal places: for example, 10,000.23. Do NOT use the "$" sign in your answer.

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