A product has the following financials. What is annual operating cashflow? Assume straight$-$line depreciation over the life of the product.

Unit sales $4,000$

Price $17\mathrm{.}50$

Fixed costs $20,000$

Variable costs $9\mathrm{.}00$ a unit

Fixed assets $30,000$

Salvage value $5,500$

Product life $5$ years

IN EXCEL