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A project has annual depreciation of $22,700, costs of $97,700, and sales of $143,500. The applicable tax rate is 40 percent. What is the operating

A project has annual depreciation of $22,700, costs of $97,700, and sales of $143,500. The applicable tax rate is 40 percent. What is the operating cash flow?

Multiple Choice

  • $41,100

  • $27,400

  • $27,480

  • $95,180

  • $36,560

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