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A new project is expected to generate $ 8 4 0 , 6 5 1 in revenues, $ 3 0 6 , 9 0 4
A new project is expected to generate $ in revenues, $ in cash operating expenses, and depreciation expense of $ in each year of its year life. The corporation's tax rate is The project will require an increase in net working capital of $ at the outset and a decrease in net working capital of $ in year What is the operating free cash flow from the project in the first year, to the nearest dollar?
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