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A project has annual depreciation of $ 2 3 , 5 0 0 , costs of $ 9 8 , 9 0 0 , and

A project has annual depreciation of $23,500, costs of $98,900, and sales of $145,500. The applicable tax rate is 35 percent. What is the operating cash flow?
Multiple Choice
$45,565
$102,800
$30,290
$24,535
$38,515
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