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A project has annual depreciation of $18,700, costs of $91,700, and sales of $133,500. The applicable tax rate is 25 percent. What is the operating

A project has annual depreciation of $18,700, costs of $91,700, and sales of $133,500. The applicable tax rate is 25 percent. What is the operating cash flow? Multiple Choice

A. $31,350

B.$36,025

C.$104,800

D.$45,375

E. $15,125

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