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A new capital budgeting project is being considered. The project will reduce expenses by $ 5 , 0 0 0 annually and increase earnings (

A new capital budgeting project is being considered. The project will reduce expenses by $5,000 annually and increase earnings (revenue) before depreciation and taxes by $26269 annually. The project will generate $8,000 per year in depreciation of the required equipment. The firm's marginal tax rate is 40 percent. What is the project's after-tax operating cash flows (OCF)? Answer to the nearest dollar.

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